Technical Analysis for SOLV - Solventum Corporation

Grade Last Price % Change Price Change
C 63.79 -1.60% -1.04
SOLV closed down 2.41 percent on Thursday, May 9, 2024, on approximately normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A N/A Down

Date Alert Name Type % Chg
20 DMA Support Bullish -1.60%
Upper Bollinger Band Walk Strength -1.60%
Outside Day Range Expansion -1.60%
Upper Bollinger Band Touch Strength -1.60%
Gapped Down Weakness -1.60%
1,2,3 Retracement Bearish Bearish Swing Setup -3.97%
Up 3 Days in a Row Strength -3.97%
Upper Bollinger Band Touch Strength -3.97%
Hot IPO Pullback Bullish Swing Setup -1.39%
NR7 Range Contraction -1.39%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 7 hours ago
Down 2 % about 7 hours ago
Gap Down Partially Closed about 7 hours ago
Gapped Down (Partial) about 7 hours ago
20 DMA Resistance about 7 hours ago

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Profile

Solventum Corporation Description

Solventum Corporation, a healthcare company, engages in the developing, manufacturing, and commercializing a portfolio of solutions to address critical customer and patient needs. It operates through four segments: Medsurg, Dental Solutions, Health Information Systems, and Purification and Filtration. The Medsurg segment is a provider of solutions including advanced wound care, I.V. site management, sterilization assurance, temperature management, surgical supplies, stethoscopes, and medical electrodes. The Dental Solutions segment provides a comprehensive suite of dental and orthodontic products including brackets, aligners, restorative cements, and bonding agents. The Health Information Systems provides software solutions including computer-assisted, physician documentation, direct-to-bill and coding automation, classification methodologies, speech, recognition, and data visualization platforms. The Purification and Filtration segment provides purification and filtration technologies including filters, purifiers, cartridges, and membranes. The company was incorporated in 2023 and is based in Saint Paul, Minnesota.


Classification

Sector: Healthcare
Industry: Health Information Services
Keywords: S&P 500 Hygiene Membrane Technology Sterilization Water Treatment Water Technology Filtration Site Management Temperature Management Dental Bonding Filtration Technologies Orthodontics Solutions

Is SOLV a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 96.05
52 Week Low 60.72
Average Volume 2,871,021
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 63.86
10-Day Moving Average 65.18
Average True Range 2.67
RSI (14) 47.37
ADX 32.65
+DI 16.71
-DI 24.40
Chandelier Exit (Long, 3 ATRs) 59.49
Chandelier Exit (Short, 3 ATRs) 68.73
Upper Bollinger Bands 66.86
Lower Bollinger Band 60.85
Percent B (%b) 0.66
BandWidth 9.43
MACD Line -0.55
MACD Signal Line -0.97
MACD Histogram 0.4211
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 70.85
Resistance 3 (R3) 71.07 69.28 69.84
Resistance 2 (R2) 69.28 67.75 69.17 69.51
Resistance 1 (R1) 67.06 66.81 66.17 66.84 69.18
Pivot Point 65.27 65.27 64.83 65.16 65.27
Support 1 (S1) 63.05 63.74 62.15 62.82 60.48
Support 2 (S2) 61.26 62.79 61.15 60.15
Support 3 (S3) 59.04 61.26 59.82
Support 4 (S4) 58.81