Stock Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
NEWATER TECH (NASDAQ:NEWA)
Bear Market Rally (-75) - NEWA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NEWA as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NEWA?
MarketClub looks at technical strength and momentum to determine if the timing is right for NEWA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NEWA
The long-term trend has been DOWN since May 30th, 2019 at 5.9200
The intermediate-term trend has been DOWN since Nov 8th, 2019 at 6.1500
The short-term trend has been UP since Feb 24th, 2020 at 3.6737
Smart Scan Analysis for NEWA
Based on our trend formula, NEWA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||29.69||Year High Date||2018-08-21|
|Year Low||7.5||Year Low Date||2018-10-11|
|52wk High||9.1||52wk High Date||2019-04-30|
|52wk Low||3||52wk Low Date||2019-12-23|
|Average Volume||59,969||Shares Outstanding||10,809|