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Stock Trend Analysis Report
Prepared for you on Tuesday, May 30, 2023.
New Relic, Inc. (NYSE:NEWR)
Sidelines Mode (+55) - NEWR 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 NEWR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NEWR.
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 NEWR
The long-term trend has been UP since Aug 5th, 2022 at 64.36
The intermediate-term trend has been UP since May 10th, 2023 at 75.50
The short-term trend has been DOWN since May 23rd, 2023 at 82.39
Smart Scan Analysis for NEWR
Based on our trend formula, NEWR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 81.91 | 82.40 | 72.07 | 72.30 | -5.94 |
| Prev. Close | Volume | Bid | Ask | Time |
| 72.34 | 4210161 | 2023-05-26 15:59:55 |
| Year High | 114.78 | Year High Date | 2018-07-24 |
| Year Low | 56.01 | Year Low Date | 2018-02-06 |
| 52wk High | 86 | 52wk High Date | 2023-05-17 |
| 52wk Low | 42.395 | 52wk Low Date | 2022-06-14 |
| Average Volume | 1,139,901 | Shares Outstanding | 70,208 |
| Market Cap | 3,519M | Assets | 133,517,100M |
| Liabilities | 993,074,000M | Volatility | 68.1 |