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Stock Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
SemiLEDS Corporation (NASDAQ:LEDS)
Sidelines Mode (+55) - LEDS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid LEDS?
MarketClub looks at technical strength and momentum to determine if the timing is right for LEDS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LEDS
The long-term trend has been UP since Feb 12th, 2024 at 1.7900
The intermediate-term trend has been UP since Apr 1st, 2024 at 1.5901
The short-term trend has been DOWN since May 3rd, 2024 at 1.5400
Smart Scan Analysis for LEDS
Based on our trend formula, LEDS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5900 | 1.5500 | 1.5300 | 1.5216 | -0.0384 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5200 | 4547 | 2024-05-03 13:05:44 |
| Year High | 8.75 | Year High Date | 2018-04-11 |
| Year Low | 2.72 | Year Low Date | 2018-04-02 |
| 52wk High | 3.47 | 52wk High Date | 2023-05-25 |
| 52wk Low | 1.01 | 52wk Low Date | 2023-11-13 |
| Year End Close | 0.81 | Average Volume | 23,511 |
| Shares Outstanding | 7,175 | Short Interest | 133,286 |
| % Institutional | 18.1 | Market Cap | 8M |
| Assets | 12,019,000M | Liabilities | 8,975,000M |
| Beta | 0.75 | Volatility | 58.42 |