Technical Analysis for MICS - The Singing Machine Company, Inc.

Grade Last Price % Change Price Change
B 1.88 -1.05% -0.02
MICS closed down 1.05 percent on Tuesday, June 11, 2024, on 3.18 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Pocket Pivot Bullish Swing Setup -1.05%
Parabolic Rise Strength -1.05%
Upper Bollinger Band Walk Strength -1.05%
Wide Bands Range Expansion -1.05%
Overbought Stochastic Strength -1.05%

   Recent Intraday Alerts

Alert Time
Upper Bollinger Band Resistance about 5 hours ago
Up 2% about 6 hours ago
Up 1% about 6 hours ago
Reversed from Down about 6 hours ago
60 Minute Opening Range Breakout about 6 hours ago

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Profile

The Singing Machine Company, Inc. Description

The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Europe, Asia, and Australia. It offers karaoke products under the flagship brand Singing Machine; licensed karaoke microphone products under the Carpool Karaoke brand; microphone accessories and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for Singing Machine hardware. The company primarily sells its products to retailers, including national chains, warehouse clubs, department stores, lifestyle merchants, specialty stores, and direct mail catalogs and showrooms. It operates in North America, Europe, Asia, and Australia. The Singing Machine Company, Inc. was founded in 1982 and is headquartered in Fort Lauderdale, Florida.


Classification

Sector: Technology
Industry: Consumer Electronics
Keywords: Bluetooth Streaming Services Video Game Consoles Karaoke

Is MICS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 2.49
52 Week Low 0.6112
Average Volume 39,088
200-Day Moving Average 1.00
50-Day Moving Average 1.12
20-Day Moving Average 1.42
10-Day Moving Average 1.62
Average True Range 0.21
RSI (14) 76.85
ADX 41.05
+DI 28.08
-DI 17.17
Chandelier Exit (Long, 3 ATRs) 1.34
Chandelier Exit (Short, 3 ATRs) 1.45
Upper Bollinger Bands 1.98
Lower Bollinger Band 0.87
Percent B (%b) 0.91
BandWidth 77.37
MACD Line 0.21
MACD Signal Line 0.16
MACD Histogram 0.0472
Fundamentals Value
Market Cap 12.07 Million
Num Shares 6.42 Million
EPS -2.34
Price-to-Earnings (P/E) Ratio -0.80
Price-to-Sales 0.15
Price-to-Book 0.46
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.56
Resistance 3 (R3) 2.50 2.23 2.44
Resistance 2 (R2) 2.23 2.05 2.25 2.40
Resistance 1 (R1) 2.05 1.95 1.92 2.11 2.37
Pivot Point 1.78 1.78 1.71 1.80 1.78
Support 1 (S1) 1.60 1.60 1.47 1.66 1.39
Support 2 (S2) 1.33 1.50 1.35 1.36
Support 3 (S3) 1.15 1.33 1.32
Support 4 (S4) 1.21