SOUND POINT MERIDIAN CAP - SPMC 7 7/8 07/31/30 (SPME) Stock Technical Analysis
USA - NYSE:SPME -
Taking everything into account, SPME scores 3 out of 10 in our technical rating. In the last year, SPME was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
SPME 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 support zone below the current price at 25.06, a Stop Loss order could be placed below this zone.
More info and screens
24.65
We found 1 important support area.
- A support zone ranging from 24.90 to 24.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.06 to 25.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 SPME is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPME is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SPME has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPME is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPME is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 49.47 | NEUTRAL | The RSI value for SPME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SPME has a negative trend. |
| Stochastics (14,3) | 27.4 | NEUTRAL | The Stochastics value for SPME is a neutral value. |
| Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for SPME suggests low volalility. |
| Average Directional Index/ADX (14) | 36.82 | POSITIVE | The high ADX value value for SPME suggests a strong trend. |
SOUND POINT MERIDIAN CAP - SPMC 7 7/8 07/31/30
NYSE:SPME (11/6/2025, 10:38:11 AM)
25.05
-0.03 (-0.12%)
SOUND POINT MERIDIAN CAP - SPMC 7 7/8 07/31/30 / SPME FAQ
What is the technical rating for SPME stock?
ChartMill assigns a technical rating of 3 / 10 to SPME.
What is the current trend direction of SOUND POINT MERIDIAN CAP - SPMC 7 7/8 07/31/30 (SPME) stock?
The current trend direction for SOUND POINT MERIDIAN CAP - SPMC 7 7/8 07/31/30 (SPME) is Bullish.
What is the RSI signal for SOUND POINT MERIDIAN CAP - SPMC 7 7/8 07/31/30 (SPME) stock?
SOUND POINT MERIDIAN CAP - SPMC 7 7/8 07/31/30 (SPME) has an RSI value of 49.4724. This indicates that the stock is currently neutral.
What is the MACD signal for SPME stock?
The MACD indicator for SOUND POINT MERIDIAN CAP - SPMC 7 7/8 07/31/30 (SPME) has a value of -0.0248128, indicating a bearish trend.
What is the short term momentum for SPME stock?
The short term momentum for SOUND POINT MERIDIAN CAP - SPMC 7 7/8 07/31/30 (SPME) is positive.