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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

TrueCar, Inc. (NASDAQ:TRUE)

Sidelines Mode (-55) - TRUE 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 TRUE?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRUE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_TRUE
Open High Low TRUE Price Change
3.430 3.500 3.365 3.380 -0.060
Entry Signal

MarketClub’s Trade Triangles for TRUE

long term up The long-term trend has been UP since Nov 13th, 2023 at 2.635

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2024 at 3.500

short term up The short-term trend has been UP since Mar 28th, 2024 at 3.450

Smart Scan Analysis for TRUE

Based on our trend formula, TRUE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TRUE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.430 3.500 3.365 3.380 -0.060
Prev. Close Volume Bid Ask Time
3.440 69687 2024-03-28 15:33:04
Year High14.55Year High Date2018-09-21
Year Low8.75Year Low Date2018-05-17
52wk High4.0552wk High Date2024-02-21
52wk Low1.7652wk Low Date2023-10-27
Year End Close0.33Average Volume216,795
Shares Outstanding91,170Short Interest330,624
% Institutional0.2Market Cap457M
Assets204,320,000MLiabilities44,105,000M
P/E Ratio5.7759Beta0.99
Volatility66.44
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