NEWEGG COMMERCE INC (NEGG) Stock Technical Analysis
NASDAQ:NEGG - Nasdaq - VGG6483G1000 - Common Stock - Currency: USD
Overall NEGG gets a technical rating of 0 out of 10. NEGG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NEGG is a bad performer in the overall market: 92% of all stocks are doing better.
NEGG is one of the lesser performing stocks in the Specialty Retail industry. 79% of 120 stocks in the same industry do better.
NEGG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NEGG has a been trading in the 0.41 - 0.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of NEGG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.44
0.48
We found 1 important support area.
- Support @0.44 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.14
Mansfield-4.5
10 Day High0.54
10 Day Low0.43
20 Day High0.54
20 Day Low0.41
52 Week High1.32
52 Week Low0.39
Performance
1 Week1.21%
2 Weeks1.46%
1 Month-6.06%
3 Month-22.68%
6 Month-47.65%
12 Month-45.31%
2 Year-67.46%
3 Year-92.09%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)49.4
LBB0.42
UBB0.48
0.4523
-0.03 (-5.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-5.34%
1 Week1.21%
2 Weeks1.46%
1 Month-6.06%
3 Month-22.68%
6 Month-47.65%
12 Month-45.31%
2 Year-67.46%
3 Year-92.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%7.59%
ATR Inc99.4%
Range Today0.03
ADR(20)0.03
ADR(20)%7.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.14
Mansfield-4.5
10 Day High0.54
10 Day Low0.43
20 Day High0.54
20 Day Low0.41
52 Week High1.32
52 Week Low0.39
CS1 End0.44
CR1 Start0.47
Volume & EV
DER(3)1.94%
DER(5)3.27%
Volume946.90K
Volume Incr111.44%
Vol(5)1.69M
Vol(50)970.71K