Stock Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
Net Element, Inc (NASDAQ:NETE)
Sidelines Mode (-55) - NETE 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 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 DOWN since Mar 4th, 2021 at 9.1100
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 12.1000
The short-term trend has been UP since May 12th, 2021 at 9.9905
Smart Scan Analysis for NETE
Based on our trend formula, NETE is rated as a -55 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||2.0301||52wk Low Date||2020-05-22|
|Year End Close||3.49||Average Volume||99,587|
|Shares Outstanding||5,208||Short Interest||34,670|
|% Institutional||2.3||Market Cap||22M|