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New Relic Inc Has Returned % Since SmarTrend Recommendation (NEWR)

By Amy Schwartz

SmarTrend identified a Downtrend for New Relic Inc (NYSE:NEWR) on March 24th, 2020 at $44.62. In approximately 1 month, New Relic Inc has returned 21.07% as of today's recent price of $54.02.

Over the past year, New Relic Inc has traded in a range of $33.49 to $108.91 and is now at $54.02, 61% above that low. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 0.5%.

New Relic, Inc. provides cloud based application performance management solutions for cloud and data center applications. The Company offers a solution including real user, application, and availability monitoring features that enable developers and operations teams to manage web application performance in real-time. New Relic serves customers in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of New Relic Inc.

Log in and add New Relic Inc (NEWR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights new relic inc

Ticker(s): NEWR