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Stock Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Taitron Components Incorporated - Class A (NASDAQ:TAIT)

Strong Downtrend (-100) - TAIT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TAIT continues to fall. Traders should use caution and set stops.

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.

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NASDAQ_TAIT
Open High Low TAIT Price Change
2.65 2.67 2.62 2.62 -0.08
Entry Signal

MarketClub’s Trade Triangles for TAIT

long term down The long-term trend has been DOWN since Aug 25th, 2023 at 3.56

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 3.15

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 2.77

Smart Scan Analysis for TAIT

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

-100
Smart Scan Analysis for TAIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.65 2.67 2.62 2.62 -0.08
Prev. Close Volume Bid Ask Time
2.65 10157 2024-06-21 15:45:47
Year High2.89Year High Date2018-07-06
Year Low1.22Year Low Date2018-04-03
52wk High4.1952wk High Date2023-07-05
52wk Low2.6252wk Low Date2024-06-20
Year End Close1.02Average Volume12,561
Shares Outstanding6,021Short Interest1,343
% Institutional5.5Market Cap15M
Assets18,486,000MLiabilities1,380,000M
P/E Ratio9.7826Beta1.04
Volatility51.1
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