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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Socket Mobile, Inc. (NASDAQ:SCKT)

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

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

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

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

NASDAQ_SCKT
Open High Low SCKT Price Change
1.0400 1.0400 1.0201 1.0201 -0.0297
Entry Signal

MarketClub’s Trade Triangles for SCKT

long term down The long-term trend has been DOWN since Mar 31st, 2023 at 1.9200

intermediate term down The intermediate-term trend has been DOWN since Jan 5th, 2024 at 1.1317

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 1.0300

Smart Scan Analysis for SCKT

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

-100
Smart Scan Analysis for SCKT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0400 1.0400 1.0201 1.0201 -0.0297
Prev. Close Volume Bid Ask Time
1.0200 4642 2024-03-28 15:28:36
Year High4.16Year High Date2018-02-14
Year Low1.667Year Low Date2018-11-01
52wk High2.0152wk High Date2023-03-29
52wk Low0.900552wk Low Date2023-10-27
Year End Close1.1Average Volume33,707
Shares Outstanding7,547Short Interest88,182
% Institutional17.8Market Cap14M
Assets28,741,474MLiabilities9,321,470M
P/E Ratio124Beta0.71
Volatility75.58
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