Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Sound Point Meridian Capital, Inc. (NYSE:SPMC)
Strong Downtrend (-100) - SPMC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPMC continues to fall. 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.
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MarketClub’s Trade Triangles for SPMC
The long-term trend has been DOWN since Oct 21st, 2024 at 18.95
The intermediate-term trend has been DOWN since Sep 16th, 2024 at 19.70
The short-term trend has been DOWN since Oct 11th, 2024 at 19.55
Smart Scan Analysis for SPMC
Based on our trend formula, SPMC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.050000 | 19.150000 | 18.913725 | 19.030000 | -0.160000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.060000 | 14592 | 2024-10-25 15:09:30 |
| 52wk High | 20.65 | 52wk High Date | 2024-08-21 |
| 52wk Low | 18.2 | 52wk Low Date | 2024-06-14 |
| Average Volume | 24,995 |