TAITRON COMPONENTS INC-CL A (TAIT)
US8740281030 - Common Stock
We assign a technical rating of 0 out of 10 to TAIT. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TAIT is a bad performer in the overall market: 77% of all stocks are doing better.
TAIT is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 61% of 127 stocks in the same industry do better.
TAIT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TAIT is lagging the market.
Warning: TAIT has an average volume of 8328 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month TAIT has a been trading in a tight range between 3.12 and 3.24.
Considerably lower volume is observed in the last couple of days.
TAIT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.14, a Stop Loss order could be placed below this zone.
More info and screens
3.05
3.64
When analyzing the support we notice one important area.
- A support zone ranging from 3.08 to 3.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.16 to 3.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.60 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.78
Mansfield-2.07
10 Day High3.21
10 Day Low3.12
20 Day High3.24
20 Day Low3.12
52 Week High4.32
52 Week Low3.05
Performance
1 Week-0.95%
2 Weeks0.32%
1 Month-1.63%
3 Month-1.57%
6 Month-8.45%
12 Month-12.78%
2 Year-8.99%
3 Year-44.62%
5 Year9.41%
10 Year214%
15 Year282.93%
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
RSI(14)43.92
LBB3.12
UBB3.19
TAITRON COMPONENTS INC-CL A
NASDAQ:TAIT (5/3/2024, 7:20:46 PM)
3.14
-0.01 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.32%
1 Week-0.95%
2 Weeks0.32%
1 Month-1.63%
3 Month-1.57%
6 Month-8.45%
12 Month-12.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%1.47%
ATR Inc
Range Today0.04
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 High3.21
10 Day Low3.12
20 Day High3.24
20 Day Low3.12
52 Week High4.32
52 Week Low3.05
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.80K
Volume Incr-57.08%
Vol(5)3.70K
Vol(50)8.33K