Stock Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Sylvamo Corporation (NYSE:SLVM)
Long-Term Uptrend (+90) - SLVM is in a strong uptrend that is likely to continue. While SLVM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SLVM?
MarketClub looks at technical strength and momentum to determine if the timing is right for SLVM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SLVM
The long-term trend has been UP since Nov 15th, 2023 at 49.55
The intermediate-term trend has been UP since Oct 16th, 2023 at 44.50
The short-term trend has been UP since Nov 21st, 2023 at 48.80
Smart Scan Analysis for SLVM
Based on our trend formula, SLVM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||57.38||52wk High Date||2022-12-09|
|52wk Low||37.59||52wk Low Date||2023-08-21|
|Average Volume||310,344||Shares Outstanding||41,554|