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Stock Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

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

Weak Downtrend (-65) - MLGO is showing signs of a strengthening downtrend. Monitor MLGO as it may be building momentum to the downside.

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
2.250 2.290 1.950 2.055 -0.335
Entry Signal

MarketClub’s Trade Triangles for MLGO

long term up The long-term trend has been UP since Jun 4th, 2024 at 7.09

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 3.33

short term down The short-term trend has been DOWN since Jul 1st, 2024 at 11.47

Smart Scan Analysis for MLGO

Based on our trend formula, MLGO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MLGO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.250 2.290 1.950 2.055 -0.335
Prev. Close Volume Bid Ask Time
2.390 11351305 2024-07-23 15:59:45
52wk High155.99952wk High Date2023-12-07
52wk Low1.5652wk Low Date2024-06-03
Average Volume17,146,019Shares Outstanding4,386
Assets410,520,259MLiabilities89,113,619M
P/E Ratio-23.07690000
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