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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Signature Bank (NASDAQ:SBNY)
Countertrend Up (+85) - SBNY 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 SBNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SBNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SBNY
The long-term trend has been UP since Dec 14th, 2023 at 0.100
The intermediate-term trend has been UP since Feb 16th, 2024 at 1.950
The short-term trend has been UP since May 7th, 2024 at 3.325
Smart Scan Analysis for SBNY
Based on our trend formula, SBNY is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.000 | 3.300 | 2.785 | 3.290 | +0.090 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.290 | 67560 | 2024-05-08 15:59:37 |
| Year High | 161.92 | Year High Date | 2018-01-22 |
| Year Low | 105.43 | Year Low Date | 2018-10-24 |
| 52wk High | 3.6 | 52wk High Date | 2024-04-12 |
| 52wk Low | 0.0003 | 52wk Low Date | 2023-07-31 |
| Year End Close | 71.34 | Average Volume | 268,209 |
| Shares Outstanding | 47,295 | Short Interest | 2,055,612 |
| % Institutional | 99.9 | Market Cap | 6,612M |
| Assets | 110,363,651M | Liabilities | 102,350,550M |
| P/E Ratio | 0.0039 | Beta | 0.89 |
| Volatility | 33.52 |