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Stock Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

TrueCar, Inc. (NASDAQ:TRUE)

Strong Downtrend (-100) - TRUE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TRUE continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid TRUE?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRUE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low TRUE Price Change
2.590 2.625 2.520 2.530 -0.100
Entry Signal

MarketClub’s Trade Triangles for TRUE

long term down The long-term trend has been DOWN since May 10th, 2022 at 3.00

intermediate term down The intermediate-term trend has been DOWN since Jul 25th, 2022 at 2.52

short term down The short-term trend has been DOWN since Aug 9th, 2022 at 2.55

Smart Scan Analysis for TRUE

Based on our trend formula, TRUE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TRUE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.590 2.625 2.520 2.530 -0.100
Prev. Close Volume Bid Ask Time
2.630 158460 2022-08-09 12:51:15
Year High14.55Year High Date2018-09-21
Year Low8.75Year Low Date2018-05-17
52wk High4.6452wk High Date2021-11-02
52wk Low2.552wk Low Date2022-07-27
Year End Close0.33Average Volume565,363
Shares Outstanding90,422Short Interest330,624
% Institutional0.2Market Cap457M
P/E Ratio5.7759Beta0.99
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