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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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
3.25 3.26 3.23 3.24 -0.02
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 Mar 18th, 2024 at 3.18

short term up The short-term trend has been UP since Mar 22nd, 2024 at 3.18

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
3.25 3.26 3.23 3.24 -0.02
Prev. Close Volume Bid Ask Time
3.26 3938 2024-03-28 13:21:37
Year High2.89Year High Date2018-07-06
Year Low1.22Year Low Date2018-04-03
52wk High4.3252wk High Date2023-06-09
52wk Low3.0552wk Low Date2024-01-17
Year End Close1.02Average Volume9,132
Shares Outstanding6,021Short Interest1,343
% Institutional5.5Market Cap15M
Assets18,121,000MLiabilities1,119,000M
P/E Ratio11.2414Beta1.04
Volatility51.1
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