Technical Analysis for SOLV - Solventum Corporation

Grade Last Price % Change Price Change
D 57.63 0.14% 0.08
SOLV closed up 0.14 percent on Friday, July 26, 2024, on 62 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: Aug 8
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Upper Bollinger Band Walk Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Upper Bollinger Band Walk Strength 0.14%
Inside Day Range Contraction 0.14%
Overbought Stochastic Strength 0.14%
Upper Bollinger Band Touch Strength 0.14%
Gapped Down Weakness 0.14%
MACD Bullish Centerline Cross Bullish -0.79%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 12 hours ago
Rose Above Previous Day's High about 12 hours ago
Rose Above Upper Bollinger Band about 12 hours ago
Up 2% about 12 hours ago
Gap Up Closed about 14 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 47.16
Average Volume 1,801,667
200-Day Moving Average 0.00
50-Day Moving Average 55.03
20-Day Moving Average 52.29
10-Day Moving Average 54.49
Average True Range 1.98
RSI (14) 63.90
ADX 30.22
+DI 37.60
-DI 16.21
Chandelier Exit (Long, 3 ATRs) 54.04
Chandelier Exit (Short, 3 ATRs) 53.09
Upper Bollinger Bands 58.89
Lower Bollinger Band 45.69
Percent B (%b) 0.9
BandWidth 25.24
MACD Line 0.78
MACD Signal Line -0.38
MACD Histogram 1.1608
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 60.06
Resistance 3 (R3) 60.25 59.63 59.66
Resistance 2 (R2) 59.63 59.01 59.53 59.52
Resistance 1 (R1) 58.63 58.62 58.32 58.44 59.39
Pivot Point 58.00 58.00 57.85 57.91 58.00
Support 1 (S1) 57.01 57.38 56.69 56.82 55.87
Support 2 (S2) 56.38 57.00 56.29 55.74
Support 3 (S3) 55.38 56.38 55.60
Support 4 (S4) 55.20