Stock Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
STHN MICH BANCORP INC (NASDAQ:SOMC)
Sidelines Mode (+55) - SOMC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SOMC?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOMC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SOMC
The long-term trend has been UP since Sep 3rd, 2020 at 29.40
The intermediate-term trend has been UP since Sep 29th, 2021 at 19.75
The short-term trend has been DOWN since Oct 15th, 2021 at 19.51
Smart Scan Analysis for SOMC
Based on our trend formula, SOMC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||49||Year High Date||2018-08-21|
|Year Low||35.25||Year Low Date||2018-03-07|
|52wk High||21.5||52wk High Date||2021-05-17|
|52wk Low||14.51||52wk Low Date||2020-10-20|
|Year End Close||16.5||Average Volume||2,034|