Technical Analysis for TAIT - Taitron Components Incorporated

Grade Last Price % Change Price Change
grade F 2.6748 -0.93% -0.03
TAIT closed down 0.93 percent on Tuesday, November 19, 2019, on 64 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.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Up
See historical TAIT trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Weak + Overbought Other 0.00%
Weak, Overbought and Reversal Signs Reversal 0.00%
Overbought Stochastic Strength 0.00%
Bollinger Band Squeeze Range Contraction -0.93%
NR7 Range Contraction -0.93%

Older signals for TAIT ...

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Profile
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.
Electromagnetism Electrical Engineering Semiconductors Semiconductor Devices Light Emitting Diode Electric Power Conversion Electrical Components Electrical Safety Electronic Component Rectifier 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
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 7.65
52 Week Low 1.63
Average Volume 12,633
200-Day Moving Average 2.9795
50-Day Moving Average 2.7256
20-Day Moving Average 2.6087
10-Day Moving Average 2.6245
Average True Range 0.0883
ADX 14.83
+DI 18.1009
-DI 14.7171
Chandelier Exit (Long, 3 ATRs ) 2.4651
Chandelier Exit (Short, 3 ATRs ) 2.7549
Upper Bollinger Band 2.7135
Lower Bollinger Band 2.5039
Percent B (%b) 0.82
BandWidth 8.034653
MACD Line -0.0151
MACD Signal Line -0.0345
MACD Histogram 0.0194
Fundamentals Value
Market Cap 14.9 Million
Num Shares 5.57 Million
EPS -0.47
Price-to-Earnings (P/E) Ratio -5.69
Price-to-Sales 1.24
Price-to-Book 0.76
PEG Ratio 0.00
Dividend 0.10
Dividend Yield 3.74%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.75
Resistance 3 (R3) 2.75 2.73 2.74
Resistance 2 (R2) 2.73 2.71 2.73 2.73
Resistance 1 (R1) 2.70 2.70 2.72 2.70 2.73
Pivot Point 2.68 2.68 2.69 2.68 2.68
Support 1 (S1) 2.65 2.66 2.67 2.65 2.62
Support 2 (S2) 2.63 2.65 2.63 2.62
Support 3 (S3) 2.60 2.63 2.61
Support 4 (S4) 2.60