Technical Analysis for TAIT - Taitron Components Incorporated

Grade Last Price % Change Price Change
A 4.08 -0.12% -0.01
TAIT closed down 0.12 percent on Wednesday, February 8, 2023, on 62 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
Earnings due: Mar 1
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Shooting Star Candlestick Bearish -0.12%
Stochastic Sell Signal Bearish -0.12%
Pocket Pivot Bullish Swing Setup -0.12%
Volume Surge Other -0.12%
Overbought Stochastic Strength -0.12%
Up 3 Days in a Row Strength -0.12%
Up 4 Days in a Row Strength -0.12%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Taitron Components Incorporated Description

Taitron Components Incorporated operates as a distributor of brand name electronic components, and supplier of original designed and manufactured (ODM) electronic components. The company distributes discrete semiconductors, including transistors, diodes, rectifiers, and bridges; optoelectronic devices, such as LEDs, infrared sensors, and opto couplers; and passive components consisting of resistors, capacitors, and inductors. The company also provides ODM components, which are manufactured electronic components based on its own engineering specifications under the TCI private label brand through manufacturing partners. In addition, it offers value-added engineering and turn-key services focusing on providing contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs) with ODM services for their turn-key projects. The company serves smaller and medium-sized distributors, CEMs, and OEMs. It operates in the United States, Mexico, Brazil, Taiwan, China, Canada, and internationally. Taitron Components Incorporated has strategic alliances with Teamforce Co. Ltd.; Grand Shine Management Limited; and Zowie Technology Corporation. The company was founded in 1989 and is headquartered in Valencia, California.


Classification

Sector: Technology
Industry: Electronics Distribution
Keywords: Semiconductor Electromagnetism Electrical Engineering Electronic Devices Electronic Components Semiconductor Devices Light Emitting Diodes Diodes Transistor Capacitor Infrared Electrical Components Electric Power Conversion Rectifier Resistor Electrical Safety Contract Electronic Manufacturers Optoelectronic Devices Passivity

Is TAIT 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 4.32
52 Week Low 3.16
Average Volume 11,210
200-Day Moving Average 3.75
50-Day Moving Average 3.65
20-Day Moving Average 3.87
10-Day Moving Average 3.96
Average True Range 0.10
RSI 70.67
ADX 24.59
+DI 29.59
-DI 16.92
Chandelier Exit (Long, 3 ATRs) 3.85
Chandelier Exit (Short, 3 ATRs) 3.75
Upper Bollinger Bands 4.15
Lower Bollinger Band 3.60
Percent B (%b) 0.88
BandWidth 14.11
MACD Line 0.12
MACD Signal Line 0.10
MACD Histogram 0.0195
Fundamentals Value
Market Cap 20.57 Million
Num Shares 5.04 Million
EPS 0.08
Price-to-Earnings (P/E) Ratio 49.16
Price-to-Sales 2.39
Price-to-Book 1.24
PEG Ratio 0.00
Dividend 0.14
Dividend Yield 3.43%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.13
Resistance 3 (R3) 4.13 4.12 4.12
Resistance 2 (R2) 4.12 4.11 4.12 4.11
Resistance 1 (R1) 4.10 4.10 4.10 4.10 4.11
Pivot Point 4.09 4.09 4.09 4.09 4.09
Support 1 (S1) 4.07 4.08 4.07 4.07 4.05
Support 2 (S2) 4.06 4.07 4.06 4.05
Support 3 (S3) 4.04 4.06 4.04
Support 4 (S4) 4.04