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Stock Trend Analysis Report

Prepared for you on Sunday, May 28, 2023.

Taitron Components Incorporated - Class A (NASDAQ:TAIT)

Sidelines Mode (-55) - TAIT 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 TAIT?

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

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

NASDAQ_TAIT
Open High Low TAIT Price Change
3.94 3.99 3.87 3.97 +0.02
Entry Signal

MarketClub’s Trade Triangles for TAIT

long term down The long-term trend has been DOWN since Nov 25th, 2022 at 3.6701

intermediate term up The intermediate-term trend has been UP since May 1st, 2023 at 3.6800

short term down The short-term trend has been DOWN since May 24th, 2023 at 3.8601

Smart Scan Analysis for TAIT

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

-55
Smart Scan Analysis for TAIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.94 3.99 3.87 3.97 +0.02
Prev. Close Volume Bid Ask Time
3.97 27912 2023-05-26 15:57:18
Year High2.89Year High Date2018-07-06
Year Low1.22Year Low Date2018-04-03
52wk High4.3252wk High Date2022-08-17
52wk Low3.2352wk Low Date2022-05-26
Year End Close1.02Average Volume19,268
Shares Outstanding5,996Short Interest1,343
% Institutional5.5Market Cap15M
Assets17,137,000MLiabilities1,001,000M
P/E Ratio7.4528Beta1.04
Volatility51.1
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