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.
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MarketClub’s Trade Triangles for SMIT
The long-term trend has been DOWN since May 19th, 2021 at 4.88
The intermediate-term trend has been DOWN since Oct 1st, 2021 at 4.00
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).
|Year High||4.12||Year High Date||2018-07-19|
|Year Low||1.911||Year Low Date||2018-04-25|
|52wk High||8.375||52wk High Date||2021-04-12|
|52wk Low||3.61||52wk Low Date||2021-10-07|
|Year End Close||3||Average Volume||124,390|
|Shares Outstanding||3,800||Short Interest||5,409|
|% Institutional||16.4||Market Cap||8M|