Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
New Relic, Inc. (NYSE:NEWR)
Bull Market Weakness (+75) - NEWR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NEWR as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for NEWR
The long-term trend has been UP since Jun 14th, 2021 at 68.650
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 74.550
The short-term trend has been UP since Oct 21st, 2021 at 75.485
Smart Scan Analysis for NEWR
Based on our trend formula, NEWR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||114.78||Year High Date||2018-07-24|
|Year Low||56.01||Year Low Date||2018-02-06|
|52wk High||82.76||52wk High Date||2021-08-05|
|52wk Low||51.52||52wk Low Date||2021-05-14|
|Average Volume||455,590||Shares Outstanding||64,848|