SOUND POINT MERIDIAN CAPITAL (SPMC) Stock Technical Analysis
NYSE:SPMC • US83617A1088
We assign a technical rating of 0 out of 10 to SPMC. SPMC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than SPMC.
- SPMC is part of the Capital Markets industry. There are 238 other stocks in this industry, of which 83% are performing better than SPMC.
- SPMC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SPMC has a been trading in the 11.45 - 14.61 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: SPMC has an average volume of 29094 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of SPMC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.38
When analyzing the support we notice one important area.
- A support zone ranging from 11.49 to 11.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 13.58 to 14.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.44 from a trend line in the daily time frame.
- Resistance @15.27 from a horizontal line in the daily time frame.
- Resistance @16.02 from a trend line in the weekly time frame.
- A resistance zone ranging from 17.95 to 17.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @18.38 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for SPMC is down. |
| ChartMill Relative Strength | 8.85 | NEGATIVE | SPMC has a low relative strength, it was outperformed by 91.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPMC is below a declining 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) | 19.34 | OVERSOLD | The low RSI value suggests SPMC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests SPMC has a negative trend. |
| Stochastics (14,3) | 8.67 | OVERSOLD | The low Stochastics value suggests SPMC may be oversold. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for SPMC suggests some volalility. |
| Average Directional Index/ADX (14) | 27.67 | POSITIVE | The high ADX value value for SPMC suggests a strong trend. |
NYSE:SPMC (2/12/2026, 3:01:33 PM)
11.62
+0.12 (+1.04%)
SOUND POINT MERIDIAN CAPITAL / SPMC FAQ
Can you provide the ChartMill technical rating for SOUND POINT MERIDIAN CAPITAL?
ChartMill assigns a technical rating of 0 / 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.
Can you provide the RSI signal for SOUND POINT MERIDIAN CAPITAL?
SOUND POINT MERIDIAN CAPITAL (SPMC) has an RSI value of 19.339. This indicates that the stock is currently oversold.
What is the MACD signal for SOUND POINT MERIDIAN CAPITAL (SPMC) stock?
The MACD indicator for SOUND POINT MERIDIAN CAPITAL (SPMC) has a value of -0.199301, indicating a bearish trend.
Can you provide the buy/sell signal for SOUND POINT MERIDIAN CAPITAL?
The buy/sell signal for SOUND POINT MERIDIAN CAPITAL (SPMC) is sell as both the short term and long term trends are negative.