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Stock Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

MicroAlgo, Inc. - Ordinary Shares (NASDAQ:MLGO)

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

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

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

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

NASDAQ_MLGO
Open High Low MLGO Price Change
1.91 1.94 1.77 1.81 -0.16
Entry Signal

MarketClub’s Trade Triangles for MLGO

long term down The long-term trend has been DOWN since Jul 29th, 2024 at 1.6000

intermediate term down The intermediate-term trend has been DOWN since Dec 10th, 2024 at 0.1643

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 2.4000

Smart Scan Analysis for MLGO

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

-100
Smart Scan Analysis for MLGO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.91 1.94 1.77 1.81 -0.16
Prev. Close Volume Bid Ask Time
1.81 1288260 2024-12-20 15:59:56
52wk High509.652wk High Date2024-06-27
52wk Low1.7552wk Low Date2024-12-18
Average Volume1,672,090Shares Outstanding219
Assets766,786,239MLiabilities225,328,513M
P/E Ratio-23.07690000
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