SINGING MACHINE CO INC/THE (MICS)

US8293224031 - Common Stock

0.74  +0 (+0.14%)

After market: 0.74 0 (0%)

Technical Rating and Analysis

2

Overall MICS gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. MICS was also a bad performer in the overall market in the last year.

94% of all other stocks performed better in the past year than MICS.
MICS is part of the Household Durables industry. There are 67 other stocks in this industry, of which 89% are performing better than MICS.
MICS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MICS is lagging the market.
MICS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Weekly and Daily overview Charts
MICS Weekly chart
MICS Daily chart
Setup Rating and Analysis

3

The technical rating of MICS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.73

1.27

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 0.76 to 0.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 1.25 to 1.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.13
Mansfield-2.89
10 Day High0.91
10 Day Low0.44
20 Day High0.91
20 Day Low0.38
52 Week High1.97
52 Week Low0.35
Performance
1 Week25.21%
2 Weeks74.2%
1 Month44.64%
3 Month-60.43%
6 Month-29.52%
12 Month-30.52%
2 Year-86.79%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)60.95
LBB0.3
UBB0.84
MICS Daily chart

SINGING MACHINE CO INC/THE

NASDAQ:MICS (9/6/2024, 8:00:00 PM)

After market: 0.74 0 (0%)

0.74

+0 (+0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.14%
1 Week25.21%
2 Weeks74.2%
1 Month44.64%
3 Month-60.43%
6 Month-29.52%
12 Month-30.52%
2 Year-86.79%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%11.7%
ATR Inc-52.54%
Range Today0.04
ADR(20)0.08
ADR(20)%11.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.13
Mansfield-2.89
10 Day High0.91
10 Day Low0.44
20 Day High0.91
20 Day Low0.38
52 Week High1.97
52 Week Low0.35
CS1 EndN/A
CR1 Start0.76
Volume & EV
DER(3)9.89%
DER(5)2.58%
Volume41.00K
Volume Incr197.54%
Vol(5)343.00K
Vol(50)638.78K