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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Portman Ridge Finance Corporation - Closed End Fund (NASDAQ:PTMN)

Countertrend Up (+85) - PTMN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid PTMN?

MarketClub looks at technical strength and momentum to determine if the timing is right for PTMN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_PTMN
Open High Low PTMN Price Change
19.36 19.58 19.36 19.57 +0.14
Entry Signal

MarketClub’s Trade Triangles for PTMN

long term up The long-term trend has been UP since Jan 24th, 2024 at 19.400

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2024 at 19.000

short term down The short-term trend has been DOWN since May 9th, 2024 at 19.405

Smart Scan Analysis for PTMN

Based on our trend formula, PTMN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for PTMN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.36 19.58 19.36 19.57 +0.14
Prev. Close Volume Bid Ask Time
19.43 9645 2024-05-09 13:33:38
52wk High21.252wk High Date2023-05-18
52wk Low16.2752wk Low Date2023-11-21
Average Volume25,334Shares Outstanding9,339
Market Cap86MAssets549,239,000M
Liabilities335,721,000MP/E Ratio5.3087
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