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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.
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 PTMN
The long-term trend has been DOWN since Aug 5th, 2024 at 19.06
The intermediate-term trend has been DOWN since Aug 2nd, 2024 at 19.38
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).
| 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 High | 20.84 | 52wk High Date | 2024-05-17 |
| 52wk Low | 16.27 | 52wk Low Date | 2023-11-21 |
| Average Volume | 34,947 | Shares Outstanding | 9,244 |
| Market Cap | 86M | Assets | 488,811,000M |
| Liabilities | 292,382,000M | P/E Ratio | 10.6105 |