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MICS
Stock ticker: NASDAQ
AS OF
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Capitalization
7.96M

MICS Singing Machine Company (The) Forecast, Technical & Fundamental Analysis

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for MICS with price predictions
07:00 PM EST Nov 27, 2023

MICS in downward trend: price expected to drop as it breaks its higher Bollinger Band on November 24, 2023

MICS broke above its upper Bollinger Band on November 24, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 25 similar instances where the stock broke above the upper band. In of the 25 cases the stock fell afterwards. This puts the odds of success at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for MICS moved out of overbought territory on November 27, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 20 similar instances where the indicator moved out of overbought territory. In of the 20 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MICS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 13, 2023. You may want to consider a long position or call options on MICS as a result. In of 124 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for MICS just turned positive on October 26, 2023. Looking at past instances where MICS's MACD turned positive, the stock continued to rise in of 68 cases over the following month. The odds of a continued upward trend are .

MICS moved above its 50-day moving average on November 20, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for MICS crossed bullishly above the 50-day moving average on November 21, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MICS advanced for three days, in of 120 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 106 cases where MICS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. MICS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.822) is normal, around the industry mean (78.741). P/E Ratio (23.041) is within average values for comparable stocks, (40.926). MICS's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.999). MICS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.024). P/S Ratio (0.154) is also within normal values, averaging (72.163).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MICS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Apple (NASDAQ:AAPL), GoPro (NASDAQ:GPRO).

Industry description

TVs, telephones, washing machines, home speakers and even home-office equipment like computers and printers…the list is virtually endless when it comes to consumer electronics and appliances. And, with ‘smarthomes’ increasingly becoming the reality, we could see a sharp surge in high-tech gadgets (including robotic appliances) making their way into our homes– and therefore spelling plenty opportunities in the related industries. Consumers account for 70% of US GDP, and their purchases of high-functioning electronics could make significant dents in the economy’s health. Sony Corp., Whirlpool and iRobot are some of the major consumer electronics/appliances makers.

Market Cap

The average market capitalization across the Electronics/Appliances Industry is 95.07B. The market cap for tickers in the group ranges from 129.13K to 2.95T. AAPL holds the highest valuation in this group at 2.95T. The lowest valued company is IALS at 129.13K.

High and low price notable news

The average weekly price growth across all stocks in the Electronics/Appliances Industry was 2%. For the same Industry, the average monthly price growth was 6%, and the average quarterly price growth was -11%. HLOC experienced the highest price growth at 62%, while SHCAY experienced the biggest fall at -13%.

Volume

The average weekly volume growth across all stocks in the Electronics/Appliances Industry was 1%. For the same stocks of the Industry, the average monthly volume growth was -28% and the average quarterly volume growth was -64%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 62
P/E Growth Rating: 53
Price Growth Rating: 52
SMR Rating: 63
Profit Risk Rating: 88
Seasonality Score: 12 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Industry ElectronicsAppliances

Profile
Fundamentals
Details
Industry
N/A
Address
6301 NW 5th Way
Phone
+1 954 596-1000
Employees
37
Web
https://www.singingmachine.com
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MICS and

Correlation & Price change

A.I.dvisor tells us that MICS and MSN have been poorly correlated (+9% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MICS and MSN's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MICS
1D Price
Change %
MICS100%
-6.45%
MSN - MICS
9%
Poorly correlated
N/A
LPL - MICS
8%
Poorly correlated
N/A
UEIC - MICS
5%
Poorly correlated
+0.40%
KOSS - MICS
3%
Poorly correlated
+3.69%
HEAR - MICS
2%
Poorly correlated
+0.29%
More

Groups containing MICS

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MICS
1D Price
Change %
MICS100%
-6.45%
Consumer Durables
(undefined stocks)
-5%
Poorly correlated
-0.04%
Electronics/Appliances
(undefined stocks)
-6%
Poorly correlated
+1.07%