SOUND POINT MERIDIAN CAPITAL (SPMC) Technical Analysis
NYSE:SPMC • US83617A1088
Current stock price
SPMC Technical Rating and Analysis
Taking everything into account, SPMC scores 1 out of 10 in our technical rating. SPMC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, SPMC is a bad performer in the overall market: 94% of all stocks are doing better.
- SPMC is part of the Capital Markets industry. There are 240 other stocks in this industry, of which 83% are performing better than SPMC.
- SPMC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- In the last month SPMC has a been trading in the 8.46 - 10.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SPMC Weekly and Daily overview Charts
SPMC Setup Rating and Analysis
The technical rating of SPMC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
SPMC Support and Resistance Analysis
8.37
When analyzing the support we notice one important area.
- Support @8.45 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 9.85 to 10.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.19 from a trend line in the daily time frame.
- A resistance zone ranging from 10.40 to 10.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.37 from a trend line in the weekly time frame.
- Resistance @14.92 from a trend line in the weekly time frame.
SPMC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SPMC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPMC is neutral. |
| ChartMill Relative Strength | 6.39 | NEGATIVE | SPMC has a low relative strength, it was outperformed by 93.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPMC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPMC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPMC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.88 | NEUTRAL | The RSI value for SPMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SPMC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.78 | NEUTRAL | The Stochastics value for SPMC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for SPMC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.32 | NEUTRAL | The ADX value for SPMC suggests a possible start of a new trend. |
SPMC Chart- and CandleStick Pattern Analysis
SPMC Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:SPMC (4/20/2026, 8:04:00 PM)
9.45
-0.27 (-2.78%)
SOUND POINT MERIDIAN CAPITAL / SPMC TA FAQ
Can you provide the ChartMill technical rating for SOUND POINT MERIDIAN CAPITAL?
ChartMill assigns a technical rating of 1 / 10 to SPMC.
What is the current trend direction of SOUND POINT MERIDIAN CAPITAL (SPMC) stock?
The current trend direction for SOUND POINT MERIDIAN CAPITAL (SPMC) is Bearish.
What is the RSI signal for SPMC stock?
SOUND POINT MERIDIAN CAPITAL (SPMC) has an RSI value of 43.8797. This indicates that the stock is currently neutral.
What is the short term momentum for SPMC stock?
The short term momentum for SOUND POINT MERIDIAN CAPITAL (SPMC) is neutral.
What is the support and resistance level for SPMC stock?
SOUND POINT MERIDIAN CAPITAL (SPMC) has a support level at 8.45 and a resistance level at 9.85. Check the full technical report for our detailed analysis of SPMC support and resistance levels.