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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Socket Mobile, Inc. (NASDAQ:SCKT)

Sidelines Mode (-55) - SCKT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SCKT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SCKT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SCKT
Open High Low SCKT Price Change
1.0500 1.0498 1.0300 1.0498 -0.0002
Entry Signal

MarketClub’s Trade Triangles for SCKT

long term down The long-term trend has been DOWN since Mar 31st, 2023 at 1.9200

intermediate term down The intermediate-term trend has been DOWN since Jan 5th, 2024 at 1.1317

short term up The short-term trend has been UP since Mar 25th, 2024 at 1.0300

Smart Scan Analysis for SCKT

Based on our trend formula, SCKT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SCKT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0500 1.0498 1.0300 1.0498 -0.0002
Prev. Close Volume Bid Ask Time
1.0498 13772 2024-03-27 15:33:33
Year High4.16Year High Date2018-02-14
Year Low1.667Year Low Date2018-11-01
52wk High2.0752wk High Date2023-03-28
52wk Low0.900552wk Low Date2023-10-27
Year End Close1.1Average Volume34,640
Shares Outstanding7,547Short Interest88,182
% Institutional17.8Market Cap14M
Assets27,306,391MLiabilities8,930,967M
P/E Ratio124Beta0.71
Volatility75.58
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