Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Schmitt Industries, Inc. (NASDAQ:SMIT)
Bull Market Weakness (+75) - SMIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SMIT as it may be in the beginning stages of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SMIT
The long-term trend has been UP since Jul 13th, 2023 at 0.0130
The intermediate-term trend has been UP since Dec 5th, 2023 at 0.0261
The short-term trend has been UP since Dec 5th, 2023 at 0.0261
Smart Scan Analysis for SMIT
Based on our trend formula, SMIT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0304 | 0.0304 | 0.0251 | 0.0251 | -0.0049 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0251 | 737 | 2023-12-08 14:01:00 |
| Year High | 4.12 | Year High Date | 2018-07-19 |
| Year Low | 1.911 | Year Low Date | 2018-04-25 |
| 52wk High | 0.989999 | 52wk High Date | 2022-12-09 |
| 52wk Low | 0.01 | 52wk Low Date | 2023-01-26 |
| Year End Close | 3 | Average Volume | 6,840 |
| Shares Outstanding | 3,872 | Short Interest | 5,409 |
| % Institutional | 16.4 | Market Cap | 8M |
| Assets | 22,839,296M | Liabilities | 22,234,091M |
| P/E Ratio | -0.28490000 | Beta | 0.12 |
| Volatility | 48.54 |