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Stock Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

Steelcase Inc. (NYSE:SCS)

Countertrend Up (+85) - SCS 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 SCS?

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

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

NYSE_SCS
Open High Low SCS Price Change
13.2000 13.3200 13.1101 13.3050 +0.0750
Entry Signal

MarketClub’s Trade Triangles for SCS

long term up The long-term trend has been UP since May 16th, 2024 at 13.785

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2024 at 13.150

short term down The short-term trend has been DOWN since May 20th, 2024 at 13.220

Smart Scan Analysis for SCS

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

+85
Smart Scan Analysis for SCS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.2000 13.3200 13.1101 13.3050 +0.0750
Prev. Close Volume Bid Ask Time
13.2900 273886 2024-05-21 15:59:46
Year High19.35Year High Date2018-09-21
Year Low13.1Year Low Date2018-07-02
52wk High14.5452wk High Date2023-12-21
52wk Low6.3952wk Low Date2023-06-01
Year End Close12.74Average Volume526,992
Shares Outstanding208,461Short Interest1,670,262
% Institutional57.7Market Cap1,944M
Assets223,670,000MLiabilities134,960,000M
P/E Ratio19.4559Beta1.34
Volatility27.01
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