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Stock Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
MicroAlgo, Inc. - Ordinary Shares (NASDAQ:MLGO)
Long-Term Downtrend (-90) - MLGO is in a strong downtrend that is likely to continue. While MLGO 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 MLGO?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLGO.
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 MLGO
The long-term trend has been DOWN since Dec 15th, 2022 at 2.8200
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 1.8307
The short-term trend has been DOWN since Mar 21st, 2023 at 2.0100
Smart Scan Analysis for MLGO
Based on our trend formula, MLGO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.07 | 2.07 | 1.90 | 2.07 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.07 | 119141 | 2023-03-21 15:59:50 |
| 52wk High | 71.5 | 52wk High Date | 2022-12-13 |
| 52wk Low | 1.12 | 52wk Low Date | 2022-12-29 |
| Average Volume | 151,680 | Shares Outstanding | 6,050 |
| P/E Ratio | -23.07690000 |