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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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

Bear Market Rally (-75) - MLGO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MLGO as it may be in the beginning of a reversal.

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
0.24250 0.26040 0.22560 0.23195 -0.02035
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 up The intermediate-term trend has been UP since Oct 3rd, 2024 at 0.3740

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 -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MLGO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24250 0.26040 0.22560 0.23195 -0.02035
Prev. Close Volume Bid Ask Time
0.23190 14743031 2024-10-25 15:59:52
52wk High155.99952wk High Date2023-12-07
52wk Low0.190452wk Low Date2024-09-23
Average Volume48,300,742Shares Outstanding4,386
Assets766,786,239MLiabilities225,328,513M
P/E Ratio-23.07690000
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