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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Taoping Inc. - Ordinary Shares (NASDAQ:TAOP)
Sidelines Mode (+50) - TAOP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TAOP can gain momentum.
Is it time to buy, sell, or avoid TAOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for TAOP.
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 TAOP
The long-term trend has been DOWN since Jul 24th, 2023 at 0.4848
The intermediate-term trend has been UP since May 9th, 2024 at 1.1200
The short-term trend has been UP since May 9th, 2024 at 1.0500
Smart Scan Analysis for TAOP
Based on our trend formula, TAOP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1900 | 1.1900 | 0.8511 | 0.8906 | +0.0956 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7950 | 17201003 | 2024-05-09 11:46:07 |
| Year High | 5.2 | Year High Date | 2018-01-05 |
| Year Low | 1.08 | Year Low Date | 2018-11-29 |
| 52wk High | 10.2 | 52wk High Date | 2023-07-11 |
| 52wk Low | 0.7546 | 52wk Low Date | 2024-04-15 |
| Average Volume | 191,333 | Shares Outstanding | 849 |
| Market Cap | 22M | Assets | 32,826,314M |
| Liabilities | 20,063,017M | Volatility | 61.63 |