SOLVENTUM CORP (SOLV) Stock Technical Analysis
NYSE:SOLV - New York Stock Exchange, Inc. - US83444M1018 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to SOLV. SOLV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month SOLV has a been trading in the 60.70 - 77.75 range, which is quite wide. It is currently trading near the lows of this range.
SOLV is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 73% of 189 stocks in the same industry.
SOLV has an average volume of 1277120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SOLV turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
SOLV is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
SOLV has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 66.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 66.07, a Stop Loss order could be placed below this zone.
More info and screens
62.38
73.30
We found 2 important support areas.
- A support zone ranging from 65.88 to 66.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.01 to 63.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 66.26 to 67.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @70.98 from a trend line in the daily time frame.
- A resistance zone ranging from 72.34 to 72.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.51
Mansfield0.19
10 Day High68.29
10 Day Low63.11
20 Day High77.75
20 Day Low60.7
52 Week High85.92
52 Week Low47.16
Performance
1 Week0.33%
2 Weeks0.29%
1 Month-13.39%
3 Month-10.72%
6 Month-8.75%
12 Month2.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.31
RSI(14)43.3
LBB64.14
UBB67.84
66.12
-0.13 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.2%
1 Week0.33%
2 Weeks0.29%
1 Month-13.39%
3 Month-10.72%
6 Month-8.75%
12 Month2.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.26
ATR(20)%4.84%
ATR Inc-51.33%
Range Today1.72
ADR(20)2.97
ADR(20)%4.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.51
Mansfield0.19
10 Day High68.29
10 Day Low63.11
20 Day High77.75
20 Day Low60.7
52 Week High85.92
52 Week Low47.16
CS1 End66.07
CR1 Start66.26
Volume & EV
DER(3)0.28%
DER(5)1.69%
Volume1.06M
Volume Incr-42.34%
Vol(5)810.04K
Vol(50)1.28M