SOLVENTUM CORP (SOLV)

US83444M1018 - Common Stock

66.63  -0.2 (-0.3%)

After market: 66.63 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to SOLV. SOLV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

When comparing the yearly performance of all stocks, SOLV is a bad performer in the overall market: 100% of all stocks are doing better.
SOLV is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 95% are performing better than SOLV.
In the last month SOLV has a been trading in the 66.01 - 72.81 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
SOLV Weekly chart
SOLV Daily chart
Setup Rating and Analysis

3

The technical rating of SOLV 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.

Support and Resistance Analysis

65.63

75.82

We found 1 important support area.

  • A support zone ranging from 66.29 to 66.62. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 68.36 to 70.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 73.68 to 73.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @75.07 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High70.98
10 Day Low66.01
20 Day High72.81
20 Day Low66.01
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-3.81%
2 Weeks-5.66%
1 Month-5.9%
3 Month-1.39%
6 Month26%
12 MonthN/A
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)-0.4
RSI(14)33.83
LBB66.05
UBB71.84
SOLV Daily chart

SOLVENTUM CORP

NYSE:SOLV (12/23/2024, 5:05:01 PM)

After market: 66.63 0 (0%)

66.63

-0.2 (-0.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.3%
1 Week-3.81%
2 Weeks-5.66%
1 Month-5.9%
3 Month-1.39%
6 Month26%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.61
ATR(20)%2.41%
ATR Inc-32.12%
Range Today1.07
ADR(20)1.6
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High70.98
10 Day Low66.01
20 Day High72.81
20 Day Low66.01
52 Week HighN/A
52 Week LowN/A
CS1 End66.62
CR1 Start68.36
Volume & EV
DER(3)1.93%
DER(5)0.05%
Volume823.21K
Volume Incr19.56%
Vol(5)1.00M
Vol(50)944.83K