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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

GigaMedia Limited - Ordinary Shares (NASDAQ:GIGM)

Bull Market Weakness (+75) - GIGM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GIGM as it may be in the beginning stages of a reversal.

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

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

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

NASDAQ_GIGM
Open High Low GIGM Price Change
1.330 1.335 1.310 1.335 -0.015
Entry Signal

MarketClub’s Trade Triangles for GIGM

long term down The long-term trend has been DOWN since Feb 21st, 2024 at 1.34

intermediate term up The intermediate-term trend has been UP since Apr 4th, 2024 at 1.34

short term up The short-term trend has been UP since Apr 23rd, 2024 at 1.31

Smart Scan Analysis for GIGM

Based on our trend formula, GIGM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GIGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.330 1.335 1.310 1.335 -0.015
Prev. Close Volume Bid Ask Time
1.350 1689 2024-04-26 15:57:56
Year High4.3683Year High Date2018-01-11
Year Low2.36Year Low Date2018-04-02
52wk High1.6252wk High Date2023-05-03
52wk Low1.2352wk Low Date2024-03-20
Year End Close0.96Average Volume9,883
Shares Outstanding11,052Short Interest29,077
% Institutional4.9Market Cap27M
Assets50,679,638MLiabilities3,449,913M
Beta1.32Volatility49.85
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