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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Schmitt Industries, Inc. (NASDAQ:SMIT)

Bull Market Weakness (+75) - SMIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SMIT as it may be in the beginning stages of a reversal.

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

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

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

NASDAQ_SMIT
Open High Low SMIT Price Change
0.031 0.031 0.031 0.031 0.000
Entry Signal

MarketClub’s Trade Triangles for SMIT

long term up The long-term trend has been UP since Jul 13th, 2023 at 0.013

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 0.031

short term up The short-term trend has been UP since Mar 4th, 2024 at 0.031

Smart Scan Analysis for SMIT

Based on our trend formula, SMIT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SMIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.031 0.031 0.031 0.031 0.000
Prev. Close Volume Bid Ask Time
0.031 83175 2024-03-28 10:25:50
Year High4.12Year High Date2018-07-19
Year Low1.911Year Low Date2018-04-25
52wk High0.239852wk High Date2023-08-08
52wk Low0.012952wk Low Date2023-05-04
Year End Close3Average Volume934
Shares Outstanding3,872Short Interest5,409
% Institutional16.4Market Cap8M
Assets22,839,296MLiabilities22,234,091M
P/E Ratio-0.28490000Beta0.12
Volatility48.54
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