Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Tungray Technologies Inc - Class A Ordinary Shares (NASDAQ:TRSG)

Long-Term Downtrend (-90) - TRSG is in a strong downtrend that is likely to continue. While TRSG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid TRSG?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRSG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_TRSG
Open High Low TRSG Price Change
5.980 6.360 5.511 6.230 +0.230
Entry Signal

MarketClub’s Trade Triangles for TRSG

long term down The long-term trend has been DOWN since Apr 23rd, 2024 at 6.60

intermediate term down The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 6.60

short term down The short-term trend has been DOWN since May 6th, 2024 at 6.06

Smart Scan Analysis for TRSG

Based on our trend formula, TRSG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TRSG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.980 6.360 5.511 6.230 +0.230
Prev. Close Volume Bid Ask Time
6.000 93362 2024-05-09 14:49:09
52wk High11.7852wk High Date2024-04-19
52wk Low4.452wk Low Date2024-04-23
Average Volume830,535Shares Outstanding11,690
Get a free daily analysis and signals for Tungray Technologies Inc - Class A Ordinary Shares (TRSG) - Request Your Free Report.