NEWEGG COMMERCE INC (NEGG)

VGG6483G1000 - Common Stock

0.831  +0.04 (+5.7%)

After market: 0.8315 +0 (+0.06%)

Technical Rating and Analysis

0

Overall NEGG gets a technical rating of 0 out of 10. NEGG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
78% of all other stocks performed better in the past year than NEGG.
NEGG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NEGG is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
NEGG is part of the Specialty Retail industry. There are 126 other stocks in this industry, NEGG did better than 44% of them.
In the last month NEGG has a been trading in the 0.72 - 0.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NEGG Weekly chart
NEGG Daily chart
Setup Rating and Analysis

5

NEGG has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

0.71

1.09

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.72 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • Resistance @0.88 from a trend line in the weekly time frame.
  • A resistance zone ranging from 0.93 to 0.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @1.05 from a trend line in the daily time frame.
  • Resistance @1.08 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.18
Mansfield-2.67
10 Day High0.84
10 Day Low0.72
20 Day High0.94
20 Day Low0.72
52 Week High2.15
52 Week Low0.52
Performance
1 Week10.23%
2 Weeks3.62%
1 Month-10.08%
3 Month2.85%
6 Month50.63%
12 Month-25.14%
2 Year-87.06%
3 YearN/A
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)0.01
RSI(14)48.42
LBB0.7
UBB0.86
NEGG Daily chart

NEWEGG COMMERCE INC

NASDAQ:NEGG (4/26/2024, 7:06:10 PM)

After market: 0.8315 +0 (+0.06%)

0.831

+0.04 (+5.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg5.7%
1 Week10.23%
2 Weeks3.62%
1 Month-10.08%
3 Month2.85%
6 Month50.63%
12 Month-25.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%6.35%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.84
10 Day Low0.72
20 Day High0.94
20 Day Low0.72
52 Week High2.15
52 Week Low0.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume231.10K
Volume Incr-34.65%
Vol(5)184.92K
Vol(50)341.83K