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Stock Trend Analysis Report

Prepared for you on Tuesday, July 16, 2024.

Sound Point Meridian Capital, Inc. (NYSE:SPMC)

Long-Term Downtrend (-90) - SPMC is in a strong downtrend that is likely to continue. While SPMC 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 SPMC?

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

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

NYSE_SPMC
Open High Low SPMC Price Change
19.74 19.75 19.57 19.73 -0.01
Entry Signal

MarketClub’s Trade Triangles for SPMC

long term down The long-term trend has been DOWN since Jul 15th, 2024 at 19.75

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 19.80

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 19.80

Smart Scan Analysis for SPMC

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

-90
Smart Scan Analysis for SPMC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.74 19.75 19.57 19.73 -0.01
Prev. Close Volume Bid Ask Time
19.74 22786 2024-07-16 15:39:52
52wk High20.2152wk High Date2024-07-01
52wk Low18.252wk Low Date2024-06-14
Average Volume55,864
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