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Stock Trend Analysis Report
Prepared for you on Tuesday, June 6, 2023.
Taoping Inc. - Ordinary Shares (NASDAQ:TAOP)
Crossroads (+60) - TAOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TAOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for TAOP.
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 TAOP
The long-term trend has been DOWN since Mar 1st, 2023 at 0.64
The intermediate-term trend has been UP since May 30th, 2023 at 0.75
The short-term trend has been UP since May 30th, 2023 at 0.71
Smart Scan Analysis for TAOP
Based on our trend formula, TAOP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.71 | 0.71 | 0.70 | 0.70 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.70 | 2006 | 2023-06-05 15:54:47 |
| Year High | 5.2 | Year High Date | 2018-01-05 |
| Year Low | 1.08 | Year Low Date | 2018-11-29 |
| 52wk High | 1.75 | 52wk High Date | 2022-08-02 |
| 52wk Low | 0.5501 | 52wk Low Date | 2022-09-27 |
| Average Volume | 17,062 | Shares Outstanding | 8,487 |
| Market Cap | 22M | Assets | 30,776,651M |
| Liabilities | 38,441,322M | Volatility | 61.63 |