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Stock Trend Analysis Report

Prepared for you on Tuesday, October 15, 2024.

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

Long-Term Downtrend (-90) - PTMN is in a strong downtrend that is likely to continue. While PTMN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

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NASDAQ_PTMN
Open High Low PTMN Price Change
18.200 18.280 18.180 18.255 +0.005
Entry Signal

MarketClub’s Trade Triangles for PTMN

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 19.06

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2024 at 19.38

short term down The short-term trend has been DOWN since Oct 7th, 2024 at 18.25

Smart Scan Analysis for PTMN

Based on our trend formula, PTMN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PTMN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.200 18.280 18.180 18.255 +0.005
Prev. Close Volume Bid Ask Time
18.270 18304 2024-10-14 15:10:26
52wk High20.8452wk High Date2024-05-17
52wk Low16.2752wk Low Date2023-11-21
Average Volume34,947Shares Outstanding9,244
Market Cap86MAssets488,811,000M
Liabilities292,382,000MP/E Ratio10.6105
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