0.11% -0.010

Sound Point Meridian Capital Inc (SPMC)

Overview News Price History Discussions Forecast

Sound Point Meridian Capital Inc Stock (SPMC) Forecast

The Sound Point Meridian Capital Inc (SPMC) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a -100.00% decrease from the current price of $9.07. The highest analyst price target is $0.00, and the lowest is $0.00.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.

12-Month SPMC Price Target

Average 0.00 (-100.00% Downside)

Is Sound Point Meridian Capital Inc (SPMC) A Buy Now?

Oscillators

Name	Value	Action
RSI(14)	31.15	Neutral
STOCH(9,6)	3.5982	Buy
STOCHRSI(14)	4.4408	Buy
MACD(12,26)	-0.3005	Sell
ADX(14)	26.61	Sell
William %R	-97.35	Buy
CCI(14)	-110.29	Sell

Buy: 3 Sell: 3 Neutral: 1

Summary: Neutral

Moving Averages

Period	Simple	Exponential
MA10	9.725 Sell	9.5638 Sell
MA20	10.03 Sell	9.8546 Sell
MA50	10.14 Sell	10.16 Sell
MA100	10.34 Sell	10.56 Sell
MA200	11.62 Sell	11.93 Sell

Buy: 0 Sell: 10 Neutral: 0

Summary: Sell

According to our latest analysis, SPMC could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 13 signaling Sell signals and 1 Neutral signals. This might not be a good time to consider opening new positions on SPMC, as trading bearish markets can be challenging and may result in losses.

RSI (Relative Strength Index): The RSI(14) value of 31.15 indicates that SPMC is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 3.5982 indicates that SPMC is oversold. This indicates that SPMC price is at or near the lowest level over a specified lookback period.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 4.4408 indicates that SPMC is oversold. This suggests that SPMC price is at or near the lowest level relative to its recent price history.
ADX (Average Directional Index): The ADX value of The ADX value of 26.61 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -110.29 indicates that SPMC is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.