Stock Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Net Element, Inc (NASDAQ:NETE)
Countertrend Up (+85) - NETE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NETE?
MarketClub looks at technical strength and momentum to determine if the timing is right for NETE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NETE
The long-term trend has been UP since Jun 12th, 2020 at 3.27
The intermediate-term trend has been UP since Nov 12th, 2020 at 7.80
The short-term trend has been DOWN since Nov 30th, 2020 at 10.86
Smart Scan Analysis for NETE
Based on our trend formula, NETE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||15.5||Year High Date||2018-01-02|
|Year Low||3.75||Year Low Date||2018-10-12|
|52wk High||20.0784||52wk High Date||2020-08-05|
|52wk Low||1.472||52wk Low Date||2020-04-02|
|Year End Close||3.49||Average Volume||789,379|
|Shares Outstanding||4,597||Short Interest||34,670|
|% Institutional||2.3||Market Cap||22M|