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Stock Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

SemiLEDS Corporation (NASDAQ:LEDS)

Long-Term Downtrend (-90) - LEDS is in a strong downtrend that is likely to continue. While LEDS 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 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.

Open High Low LEDS Price Change
2.1400 2.1224 2.0700 2.1172 -0.0028
Entry Signal

MarketClub’s Trade Triangles for LEDS

long term down The long-term trend has been DOWN since Sep 23rd, 2022 at 2.3500

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 2.2000

short term down The short-term trend has been DOWN since Mar 10th, 2023 at 2.2405

Smart Scan Analysis for LEDS

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

Smart Scan Analysis for LEDS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1400 2.1224 2.0700 2.1172 -0.0028
Prev. Close Volume Bid Ask Time
2.1200 2619 2023-03-24 14:40:29
Year High8.75Year High Date2018-04-11
Year Low2.72Year Low Date2018-04-02
52wk High4.3352wk High Date2022-03-25
52wk Low1.490152wk Low Date2022-12-29
Year End Close0.81Average Volume8,588
Shares Outstanding4,848Short Interest133,286
% Institutional18.1Market Cap8M
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