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Stock Trend Analysis Report
Prepared for you on Monday, May 20, 2024.
Solventum Corporation (NYSE:SOLV)
Long-Term Downtrend (-90) - SOLV is in a strong downtrend that is likely to continue. While SOLV 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 SOLV?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOLV.
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 SOLV
The long-term trend has been DOWN since Apr 11th, 2024 at 62.33
The intermediate-term trend has been DOWN since May 16th, 2024 at 60.72
The short-term trend has been DOWN since May 9th, 2024 at 64.30
Smart Scan Analysis for SOLV
Based on our trend formula, SOLV is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 61.80 | 62.38 | 61.00 | 62.36 | +0.80 |
| Prev. Close | Volume | Bid | Ask | Time |
| 62.38 | 1534579 | 2024-05-17 15:59:07 |
| 52wk High | 72.4 | 52wk High Date | 2024-04-01 |
| 52wk Low | 60.57 | 52wk Low Date | 2024-05-16 |
| Average Volume | 1,915,531 | Shares Outstanding | 172,710 |