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Stock Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

Schmitt Industries, Inc. (NASDAQ:SMIT)

Countertrend Down (-85) - SMIT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

NASDAQ_SMIT
Open High Low SMIT Price Change
3.9500 4.2156 3.7713 3.8100 -0.1400
Entry Signal

MarketClub’s Trade Triangles for SMIT

long term down The long-term trend has been DOWN since May 19th, 2021 at 4.88

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2021 at 4.00

short term up The short-term trend has been UP since Oct 15th, 2021 at 4.05

Smart Scan Analysis for SMIT

Based on our trend formula, SMIT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SMIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9500 4.2156 3.7713 3.8100 -0.1400
Prev. Close Volume Bid Ask Time
3.8100 40866 2021-10-15 15:59:54
Year High4.12Year High Date2018-07-19
Year Low1.911Year Low Date2018-04-25
52wk High8.37552wk High Date2021-04-12
52wk Low3.6152wk Low Date2021-10-07
Year End Close3Average Volume124,390
Shares Outstanding3,800Short Interest5,409
% Institutional16.4Market Cap8M
Assets21,173,930MLiabilities17,404,347M
P/E Ratio5.5312Beta0.12
Volatility48.54
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