SINGING MACHINE CO INC/THE (MICS)

US8293224031 - Common Stock

0.83  -0.05 (-5.68%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to MICS. MICS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MICS is a bad performer in the overall market: 75% of all stocks are doing better.
MICS is one of the lesser performing stocks in the Household Durables industry. 64% of 68 stocks in the same industry do better.
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.
In the last month MICS has a been trading in the 0.70 - 1.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MICS Weekly chart
MICS Daily chart
Setup Rating and Analysis

6

MICS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.73, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.72

1.27

We found 1 important support area.

  • A support zone ranging from 0.73 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 0.89 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.04 from a trend line in the weekly time frame.
  • A resistance zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.26 from a horizontal line in the daily time frame.
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
CRS25.17
Mansfield-3.36
10 Day High0.97
10 Day Low0.7
20 Day High1.06
20 Day Low0.7
52 Week High2.66
52 Week Low0.61
Performance
1 Week5.83%
2 Weeks-9.78%
1 Month-21.7%
3 Month21.88%
6 Month-7.27%
12 Month-37.59%
2 YearN/A
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)-0.01
RSI(14)45.68
LBB0.72
UBB0.97
MICS Daily chart

SINGING MACHINE CO INC/THE

NASDAQ:MICS (4/23/2024, 7:12:49 PM)

0.83

-0.05 (-5.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-5.68%
1 Week5.83%
2 Weeks-9.78%
1 Month-21.7%
3 Month21.88%
6 Month-7.27%
12 Month-37.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%10.45%
ATR Inc
Range Today0.07
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 High0.97
10 Day Low0.7
20 Day High1.06
20 Day Low0.7
52 Week High2.66
52 Week Low0.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.50K
Volume Incr-44.8%
Vol(5)11.67K
Vol(50)31.81K