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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Cloudflare, Inc. Class A (NYSE:NET)
Long-Term Downtrend (-90) - NET is in a strong downtrend that is likely to continue. While NET is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NET?
MarketClub looks at technical strength and momentum to determine if the timing is right for NET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NET
The long-term trend has been DOWN since May 3rd, 2024 at 78.14
The intermediate-term trend has been DOWN since Jul 24th, 2024 at 77.68
The short-term trend has been DOWN since Jul 24th, 2024 at 77.72
Smart Scan Analysis for NET
Based on our trend formula, NET is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 79.090 | 79.225 | 77.220 | 78.070 | +0.030 |
| Prev. Close | Volume | Bid | Ask | Time |
| 78.040 | 1529328 | 2024-07-26 15:59:56 |
| 52wk High | 116 | 52wk High Date | 2024-02-09 |
| 52wk Low | 53.8814 | 52wk Low Date | 2023-11-01 |
| Average Volume | 2,495,137 | Shares Outstanding | 340,373 |
| Assets | 280,163,000M | Liabilities | 200,440,600M |