TAITRON COMPONENTS INC-CL A (TAIT)
US8740281030 - Common Stock
Overall TAIT gets a technical rating of 0 out of 10. TAIT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TAIT is a bad performer in the overall market: 87% of all stocks are doing better.
TAIT is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 68% are performing better than TAIT.
TAIT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TAIT has a been trading in the 2.52 - 3.05 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: TAIT has an average volume of 11544 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of TAIT 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
2.54
3.00
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.80 to 2.97. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS13.94
Mansfield-2.54
10 Day High3.05
10 Day Low2.52
20 Day High3.05
20 Day Low2.52
52 Week High3.61
52 Week Low2.52
Performance
1 Week-7.9%
2 Weeks-10.94%
1 Month-8.39%
3 Month-12.46%
6 Month-12.45%
12 Month-25.22%
2 Year-28.55%
3 Year-36.35%
5 Year-5.01%
10 Year151.47%
15 Year106.86%
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)-0.03
RSI(14)28.55
LBB2.56
UBB3
TAITRON COMPONENTS INC-CL A
NASDAQ:TAIT (11/22/2024, 8:07:25 PM)
2.565
-0.08 (-2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.84%
1 Week-7.9%
2 Weeks-10.94%
1 Month-8.39%
3 Month-12.46%
6 Month-12.45%
12 Month-25.22%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%3.85%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.05
10 Day Low2.52
20 Day High3.05
20 Day Low2.52
52 Week High3.61
52 Week Low2.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume24.90K
Volume Incr283%
Vol(5)41.90K
Vol(50)11.54K