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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

GigaMedia Limited - Ordinary Shares (NASDAQ:GIGM)

Countertrend Down (-85) - GIGM is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid GIGM?

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

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

NASDAQ_GIGM
Open High Low GIGM Price Change
1.29 1.27 1.27 1.27 -0.02
Entry Signal

MarketClub’s Trade Triangles for GIGM

long term down The long-term trend has been DOWN since Feb 21st, 2024 at 1.340

intermediate term down The intermediate-term trend has been DOWN since Feb 5th, 2024 at 1.390

short term up The short-term trend has been UP since Mar 22nd, 2024 at 1.305

Smart Scan Analysis for GIGM

Based on our trend formula, GIGM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GIGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.29 1.27 1.27 1.27 -0.02
Prev. Close Volume Bid Ask Time
1.28 352 2024-03-28 14:46:23
Year High4.3683Year High Date2018-01-11
Year Low2.36Year Low Date2018-04-02
52wk High1.6252wk High Date2023-05-03
52wk Low1.2352wk Low Date2024-03-20
Year End Close0.96Average Volume10,053
Shares Outstanding11,052Short Interest29,077
% Institutional4.9Market Cap27M
Assets50,679,638MLiabilities3,449,913M
Beta1.32Volatility49.85
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