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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.

Open High Low NEWR Price Change
81.91 82.40 72.07 72.30 -5.94
Entry Signal

MarketClub’s Trade Triangles for NEWR

long term up The long-term trend has been UP since Aug 5th, 2022 at 64.36

intermediate term up The intermediate-term trend has been UP since May 10th, 2023 at 75.50

short term down 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).

Smart Scan Analysis for NEWR
Strong Downtrend Sideways 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 High114.78Year High Date2018-07-24
Year Low56.01Year Low Date2018-02-06
52wk High8652wk High Date2023-05-17
52wk Low42.39552wk Low Date2022-06-14
Average Volume1,139,901Shares Outstanding70,208
Market Cap3,519MAssets133,517,100M
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