Stock Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
Singing Machine Company, Inc. (The) (NASDAQ:SMDM)
Long-Term Downtrend (-90) - SMDM is in a strong downtrend that is likely to continue. While SMDM 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 SMDM?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMDM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SMDM
The long-term trend has been DOWN since Nov 22nd, 2021 at 0.265
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 0.310
The short-term trend has been DOWN since Nov 12th, 2021 at 0.315
Smart Scan Analysis for SMDM
Based on our trend formula, SMDM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.57||Year High Date||2018-01-29|
|Year Low||0.2715||Year Low Date||2018-10-10|
|52wk High||0.5||52wk High Date||2021-03-02|
|52wk Low||0.1602||52wk Low Date||2021-11-24|
|Year End Close||0.13||Average Volume||116,201|
|Shares Outstanding||36,576||Short Interest||27,198|