USA - New York Stock Exchange - NYSE:SOLV - US83444M1018 - Common Stock
We assign a technical rating of 5 out of 10 to SOLV. SOLV has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, SOLV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 79.83, a Stop Loss order could be placed below this zone.
64.82
When analyzing the support we can see 5 important areas.
2 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SOLV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOLV is neutral. |
| ChartMill Relative Strength | 69.93 | NEUTRAL | SOLV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOLV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SOLV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOLV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.39 | NEUTRAL | The RSI value for SOLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests SOLV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.35 | OVERSOLD | The low Stochastics value suggests SOLV may be oversold. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for SOLV suggests some volalility. |
| Average Directional Index/ADX (14) | 15.54 | NEGATIVE | The low ADX value for SOLV suggests a weak or negative trend. |
80.26
-0.11 (-0.14%)
ChartMill assigns a technical rating of 5 / 10 to SOLV.
The current trend direction for SOLVENTUM CORP (SOLV) is Bullish.
SOLVENTUM CORP (SOLV) has an RSI value of 47.3853. This indicates that the stock is currently neutral.
The short term momentum for SOLVENTUM CORP (SOLV) is neutral.