+Compare
TAIT
Stock ticker:
NASDAQ
AS OF
Jul 1 closing price
Price
$3.59
Change
-$0.06 (-1.64%)
Capitalization
20.92M

TAIT Price Prediction, Taitron Components AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
AI
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

Aroon Indicator for TAIT shows an upward move is likely

TAIT's Aroon Indicator triggered a bullish signal on July 01, 2022. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 184 similar instances where the Aroon Indicator showed a similar pattern. In 158 of the 184 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 86%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where TAIT's RSI Indicator exited the oversold zone, of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for TAIT just turned positive on June 07, 2022. Looking at past instances where TAIT's MACD turned positive, the stock continued to rise in of 48 cases 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 TAIT advanced for three days, in of 241 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 52 cases where TAIT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on July 01, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on TAIT as a result. In of 107 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

TAIT moved below its 50-day moving average on July 01, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for TAIT crossed bearishly below the 50-day moving average on July 01, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (1.295) is normal, around the industry mean (1.405). TAIT has a moderately low P/E Ratio (5.741) as compared to the industry average of (10.408). TAIT's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.614). Dividend Yield (0.049) settles around the average of (0.347) among similar stocks. TAIT's P/S Ratio (2.530) is very high in comparison to the industry average of (0.503).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 62, placing this stock slightly better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TAIT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average 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.

AI
A.I.Advisor
published price charts
AI
A.I.Advisor
published Dividends

TAIT paid dividends on May 31, 2022

Taitron Components TAIT Stock Dividends
А dividend of $0.15 per share was paid with a record date of May 31, 2022, and an ex-dividend date of May 12, 2022. Read more...
AI
A.I.Advisor
published Highlights

Industry description

Electronics distributors are companies that are involved in distribution of one or more of the following: electronic components, computer products/ peripherals and software products & services. Several electronics distributors are also becoming the point of contact for technical/pre- & post-sale support in many cases, in an attempt to bolster their position in the market. Tariffs and/or cross-border trade barriers are some of the potential threats to the electronics supply chain, but that could also potentially lead to re-directing to markets where tariffs/restrictions are lower depending on demand. The industry is also vulnerable in the event of economic slowdowns. Arrow Electronics, Inc., SYNNEX Corporation and Versum Materials, Inc. are some of the major electronics distributors in the U.S.

Market Cap

The average market capitalization across the Electronics Distributors Industry is 2.44B. The market cap for tickers in the group ranges from 23.01K to 8.8B. SNX holds the highest valuation in this group at 8.8B. The lowest valued company is OMPS at 23.01K.

High and low price notable news

The average weekly price growth across all stocks in the Electronics Distributors Industry was -2%. For the same Industry, the average monthly price growth was -10%, and the average quarterly price growth was -14%. SPRS experienced the highest price growth at 2%, while SNPO experienced the biggest fall at -20%.

Volume

The average weekly volume growth across all stocks in the Electronics Distributors Industry was -48%. For the same stocks of the Industry, the average monthly volume growth was -23% and the average quarterly volume growth was 35%

Fundamental Analysis Ratings

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

Valuation Rating: 32
P/E Growth Rating: 48
Price Growth Rating: 68
SMR Rating: 9
Profit Risk Rating: 61
Seasonality Score: -14 (-100 ... +100)
AI

View a ticker or compare two or three

AI
A.I. Advisor
published General Information

General Information

an electronic components manufacturer

Industry ElectronicsDistributors

Profile
Fundamentals
Details
Industry
Electronics Distributors
Address
28040 West Harrison Parkway
Phone
+1 661 257-6060
Employees
14
Web
https://www.taitroncomponents.com

Interesting Tickers

1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
ACCD9.532.13
+28.78%
Accolade
BXP90.601.62
+1.82%
Boston Properties
YMTX1.840.02
+1.10%
Yumanity Therapeutics
ENS59.220.26
+0.44%
EnerSys
OSG2.00-0.05
-2.44%
Overseas Shipholding Group

TAIT and

Correlation & Price change

A.I.dvisor tells us that TAIT and SCSC have been poorly correlated (+22% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that TAIT and SCSC's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TAIT
1D Price
Change %
TAIT100%
-2.47%
SCSC - TAIT
22%
Poorly correlated
+0.06%
SNX - TAIT
21%
Poorly correlated
+1.46%
AVT - TAIT
19%
Poorly correlated
-1.42%
AEY - TAIT
18%
Poorly correlated
+1.59%
ARW - TAIT
17%
Poorly correlated
-0.29%
More