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Stock Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

GigaMedia Limited - Ordinary Shares (NASDAQ:GIGM)

Strong Downtrend (-100) - GIGM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GIGM continues to fall. Traders should use caution 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
1.290 1.295 1.280 1.290 0.000
Entry Signal

MarketClub’s Trade Triangles for GIGM

long term down The long-term trend has been DOWN since Feb 21st, 2024 at 1.34

intermediate term down The intermediate-term trend has been DOWN since Jun 20th, 2024 at 1.29

short term down The short-term trend has been DOWN since Jun 20th, 2024 at 1.29

Smart Scan Analysis for GIGM

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

-100
Smart Scan Analysis for GIGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.290 1.295 1.280 1.290 0.000
Prev. Close Volume Bid Ask Time
1.295 11488 2024-06-20 15:06:02
Year High4.3683Year High Date2018-01-11
Year Low2.36Year Low Date2018-04-02
52wk High1.5652wk High Date2023-07-26
52wk Low1.2352wk Low Date2024-03-20
Year End Close0.96Average Volume10,318
Shares Outstanding11,052Short Interest29,077
% Institutional4.9Market Cap27M
Assets45,430,000MLiabilities2,610,000M
Beta1.32Volatility49.85
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