Stock Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
Newegg Commerce, Inc. - Common Shares (NASDAQ:NEGG)
Strong Downtrend (-100) - NEGG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NEGG?
MarketClub looks at technical strength and momentum to determine if the timing is right for NEGG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NEGG
The long-term trend has been DOWN since Oct 1st, 2021 at 13.75
The intermediate-term trend has been DOWN since Dec 6th, 2021 at 13.75
The short-term trend has been DOWN since Dec 1st, 2021 at 17.56
Smart Scan Analysis for NEGG
Based on our trend formula, NEGG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||79.07||52wk High Date||2021-07-07|
|52wk Low||3.82||52wk Low Date||2020-12-31|
|Average Volume||3,275,159||Shares Outstanding||2,211|