Newegg Commerce (NEGG, $0.79) Aroon Indicator entered a Downtrend on April 30, 2024.

A.I.dvisor
at Tickeron.com
05/01/24
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NEGG - Newegg Commerce
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $0.7948
Daily change: -$0.0285 (-3.46%)
Daily volume: 210.4K
Capitalization: $303.4M
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 281 similar cases, of which were successful. Based on this data, the odds of success are
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NEGGDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of medical equipment including sleep apnea machines, patient monitors, air compressors and oxygen generators

Industry InternetRetail

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
17560 Rowland Street
Phone
+1 626 271-9700
Employees
1355
Web
https://www.newegg.com