SINGING MACHINE CO INC/THE (MICS) Stock Technical Analysis
NASDAQ:MICS - Nasdaq - US8293224031 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to MICS. 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.
When comparing the yearly performance of all stocks, MICS is a bad performer in the overall market: 94% of all stocks are doing better.
MICS is one of the lesser performing stocks in the Household Durables industry. 90% of 64 stocks in the same industry do better.
MICS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
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.
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.
More info and screens
0.73
1.27
2 important resistance areas can be observed.
- 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.
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
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