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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.
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MarketClub’s Trade Triangles for TAIT
The long-term trend has been DOWN since Nov 25th, 2022 at 3.6701
The intermediate-term trend has been UP since May 1st, 2023 at 3.6800
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).
| 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 High | 2.89 | Year High Date | 2018-07-06 |
| Year Low | 1.22 | Year Low Date | 2018-04-03 |
| 52wk High | 4.32 | 52wk High Date | 2022-08-17 |
| 52wk Low | 3.23 | 52wk Low Date | 2022-05-26 |
| Year End Close | 1.02 | Average Volume | 19,268 |
| Shares Outstanding | 5,996 | Short Interest | 1,343 |
| % Institutional | 5.5 | Market Cap | 15M |
| Assets | 17,137,000M | Liabilities | 1,001,000M |
| P/E Ratio | 7.4528 | Beta | 1.04 |
| Volatility | 51.1 |