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Stock Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

The Singing Machine Company, Inc. (NASDAQ:MICS)

Countertrend Down (-85) - MICS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

NASDAQ_MICS
Open High Low MICS Price Change
1.0000 1.0400 1.0001 1.0400 +0.0400
Entry Signal

MarketClub’s Trade Triangles for MICS

long term down The long-term trend has been DOWN since Oct 10th, 2022 at 5.250

intermediate term down The intermediate-term trend has been DOWN since Aug 17th, 2023 at 1.522

short term up The short-term trend has been UP since Sep 26th, 2023 at 1.070

Smart Scan Analysis for MICS

Based on our trend formula, MICS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MICS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0000 1.0400 1.0001 1.0400 +0.0400
Prev. Close Volume Bid Ask Time
1.0099 2413 2023-09-29 10:37:57
52wk High6.7552wk High Date2022-10-17
52wk Low0.950152wk Low Date2023-05-15
Average Volume14,206Shares Outstanding4,220
Assets24,163,454MLiabilities10,965,659M
P/E Ratio39.7692
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