Stock Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Similarweb Ltd. Ordinary Shares (NYSE:SMWB)
Bear Market Rally (-75) - SMWB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SMWB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SMWB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMWB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SMWB
The long-term trend has been DOWN since Sep 13th, 2023 at 5.77
The intermediate-term trend has been DOWN since Dec 7th, 2023 at 4.71
The short-term trend has been UP since Dec 8th, 2023 at 5.03
Smart Scan Analysis for SMWB
Based on our trend formula, SMWB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.9541||52wk High Date||2023-07-13|
|52wk Low||4.58||52wk Low Date||2023-12-07|