Stock Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
Vroom, Inc. (NASDAQ:VRM)
Sidelines Mode (-55) - VRM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid VRM?
MarketClub looks at technical strength and momentum to determine if the timing is right for VRM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VRM
The long-term trend has been UP since Jun 8th, 2023 at 1.03
The intermediate-term trend has been DOWN since Aug 9th, 2023 at 1.84
The short-term trend has been UP since Sep 27th, 2023 at 1.13
Smart Scan Analysis for VRM
Based on our trend formula, VRM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.82||52wk High Date||2023-07-19|
|52wk Low||0.734||52wk Low Date||2023-05-04|
|Average Volume||2,638,990||Shares Outstanding||139,664|