Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Taoping Inc. - Ordinary Shares (NASDAQ:TAOP)
Long-Term Downtrend (-90) - TAOP is in a strong downtrend that is likely to continue. While TAOP 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 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.
|
|||||||||||||||
|
|||||||||||||||
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 DOWN since Mar 12th, 2024 at 1.1200
The short-term trend has been DOWN since Apr 25th, 2024 at 1.0065
Smart Scan Analysis for TAOP
Based on our trend formula, TAOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9985 | 1.0301 | 0.9898 | 1.0100 | -0.0301 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0401 | 153213 | 2024-04-26 15:55:00 |
| 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 | 225,025 | Shares Outstanding | 849 |
| Market Cap | 22M | Assets | 30,776,651M |
| Liabilities | 38,441,322M | Volatility | 61.63 |