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. In the past year, MICS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
94% of all other stocks performed better in the past year than MICS.
MICS is one of the lesser performing stocks in the Household Durables industry. 87% of 67 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. Certainly not because the S&P500 Index is trading near new highs.
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 long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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