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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Newegg Commerce, Inc. - Common Shares (NASDAQ:NEGG)
Sidelines Mode (+55) - NEGG 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 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.
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MarketClub’s Trade Triangles for NEGG
The long-term trend has been UP since Nov 30th, 2023 at 1.5000
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 0.9611
The short-term trend has been UP since Apr 22nd, 2024 at 0.7593
Smart Scan Analysis for NEGG
Based on our trend formula, NEGG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7510 | 0.7698 | 0.7303 | 0.7624 | +0.0085 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7624 | 151506 | 2024-04-22 15:59:50 |
| 52wk High | 2.15 | 52wk High Date | 2023-12-04 |
| 52wk Low | 0.516 | 52wk Low Date | 2023-11-01 |
| Average Volume | 287,399 | Shares Outstanding | 2,211 |
| Assets | 542,095,000M | Liabilities | 386,873,000M |
| P/E Ratio | -13.79170000 |