Technical Analysis for TAIT - Taitron Components Incorporated

Grade Last Price % Change Price Change
grade C 2.62 -1.87% -0.05
TAIT closed up 5.95 percent on Friday, August 7, 2020, on 1.97 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Up Up
Historical TAIT trend table...

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish -1.87%
Crossed Above 50 DMA Bullish -1.87%
MACD Bullish Centerline Cross Bullish -1.87%
Expansion Pivot Buy Setup Bullish Swing Setup -1.87%
Pocket Pivot Bullish Swing Setup -1.87%
Bollinger Band Squeeze Range Contraction -1.87%
Wide Range Bar Range Expansion -1.87%
BB Squeeze + Upper Band Touch Range Contraction -1.87%
Above Upper BB Strength -1.87%
Upper Bollinger Band Touch Strength -1.87%

Free Daily (Stock) Chart Reading

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 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 Rectifier Electronic Component 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 3.9894
52 Week Low 2.02
Average Volume 18,486
200-Day Moving Average 2.61
50-Day Moving Average 2.53
20-Day Moving Average 2.48
10-Day Moving Average 2.50
Average True Range 0.11
ADX 23.94
+DI 36.71
-DI 10.70
Chandelier Exit (Long, 3 ATRs ) 2.42
Chandelier Exit (Short, 3 ATRs ) 2.72
Upper Bollinger Band 2.59
Lower Bollinger Band 2.37
Percent B (%b) 1.34
BandWidth 9.09
MACD Line 0.01
MACD Signal Line -0.01
MACD Histogram 0.0209
Fundamentals Value
Market Cap 14.87 Million
Num Shares 5.57 Million
EPS -0.47
Price-to-Earnings (P/E) Ratio -5.68
Price-to-Sales 1.24
Price-to-Book 0.76
PEG Ratio 0.00
Dividend 0.10
Dividend Yield 3.75%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.02
Resistance 3 (R3) 3.00 2.87 2.96
Resistance 2 (R2) 2.87 2.78 2.88 2.94
Resistance 1 (R1) 2.77 2.73 2.82 2.79 2.92
Pivot Point 2.64 2.64 2.67 2.65 2.64
Support 1 (S1) 2.54 2.55 2.59 2.56 2.42
Support 2 (S2) 2.41 2.50 2.42 2.40
Support 3 (S3) 2.31 2.41 2.38
Support 4 (S4) 2.33