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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
The Singing Machine Company, Inc. (NASDAQ:MICS)
Long-Term Downtrend (-90) - MICS is in a strong downtrend that is likely to continue. While MICS 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 MICS?
MarketClub looks at technical strength and momentum to determine if the timing is right for MICS.
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 MICS
The long-term trend has been DOWN since Oct 10th, 2022 at 5.25
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 0.95
The short-term trend has been DOWN since Apr 9th, 2024 at 0.86
Smart Scan Analysis for MICS
Based on our trend formula, MICS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7437 | 0.7890 | 0.7400 | 0.7890 | +0.0453 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7437 | 2865 | 2024-04-18 12:04:00 |
| 52wk High | 2.66 | 52wk High Date | 2023-05-03 |
| 52wk Low | 0.6112 | 52wk Low Date | 2023-10-25 |
| Average Volume | 20,652 | Shares Outstanding | 4,220 |
| Assets | 32,583,312M | Liabilities | 22,905,368M |
| P/E Ratio | 39.7692 |