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

Grade Last Price % Change Price Change
D 1.14 -2.16% -0.03
MICS closed down 2.16 percent on Monday, July 1, 2024, on 16 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish -2.16%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.16%
Narrow Range Bar Range Contraction -2.16%
Inside Day Range Contraction -2.16%
Wide Bands Range Expansion -2.16%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 7 hours ago
10 DMA Support about 10 hours ago
Down 3% about 11 hours ago
Non-ADX 1,2,3,4 Bearish Retracement Entry about 11 hours ago
Fell Below Previous Day's Low about 11 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 197,448
200-Day Moving Average 1.00
50-Day Moving Average 1.19
20-Day Moving Average 1.35
10-Day Moving Average 1.13
Average True Range 0.18
RSI (14) 44.75
ADX 19.24
+DI 18.61
-DI 18.81
Chandelier Exit (Long, 3 ATRs) 1.42
Chandelier Exit (Short, 3 ATRs) 1.52
Upper Bollinger Bands 1.94
Lower Bollinger Band 0.77
Percent B (%b) 0.31
BandWidth 86.14
MACD Line -0.04
MACD Signal Line -0.01
MACD Histogram -0.0335
Fundamentals Value
Market Cap 7.28 Million
Num Shares 6.42 Million
EPS -2.34
Price-to-Earnings (P/E) Ratio -0.49
Price-to-Sales 0.15
Price-to-Book 0.46
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.21
Resistance 3 (R3) 1.21 1.18 1.20
Resistance 2 (R2) 1.18 1.17 1.18 1.19
Resistance 1 (R1) 1.16 1.15 1.15 1.16 1.19
Pivot Point 1.14 1.14 1.13 1.14 1.14
Support 1 (S1) 1.11 1.12 1.10 1.11 1.08
Support 2 (S2) 1.09 1.10 1.09 1.08
Support 3 (S3) 1.06 1.09 1.07
Support 4 (S4) 1.06