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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

MicroAlgo, Inc. - Ordinary Shares (NASDAQ:MLGO)

Strong Downtrend (-100) - MLGO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MLGO continues to fall. 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.

NASDAQ_MLGO
Open High Low MLGO Price Change
0.1680 0.1813 0.1657 0.1675 +0.0003
Entry Signal

MarketClub’s Trade Triangles for MLGO

long term down The long-term trend has been DOWN since Jul 29th, 2024 at 1.6000

intermediate term down The intermediate-term trend has been DOWN since Oct 30th, 2024 at 0.2140

short term down The short-term trend has been DOWN since Oct 17th, 2024 at 0.3069

Smart Scan Analysis for MLGO

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

-100
Smart Scan Analysis for MLGO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1680 0.1813 0.1657 0.1675 +0.0003
Prev. Close Volume Bid Ask Time
0.1684 8002804 2024-11-20 15:59:29
52wk High155.99952wk High Date2023-12-07
52wk Low0.164452wk Low Date2024-11-19
Average Volume9,886,006Shares Outstanding4,386
Assets766,786,239MLiabilities225,328,513M
P/E Ratio-23.07690000
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