Newegg Commerce (NEGG, $5.27) Aroon Indicator entered a Downtrend on April 07, 2025.

#InternetRetail, #TechnicalAnalysis, #AROON, #Bearish, #Stocks, #MicroCap
NEGG - Newegg Commerce Inc
Aroon signal
Bearish Trend
87%
Odds of DOWN Trend
Price: $5.27
Daily change: +$0.41 (+8.47%)
Daily volume: 117.9K
Capitalization: $102.1M
Industry: Internet Retail

For the last three days, A.I.dvisor has detected that NEGG's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for NEGG, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 276 similar cases, 239 of which were successful. Based on this data, the odds of success are 87%.