SIRI closes within previous day's range after lackluster session
Sirius XM Holdings Inc. (SIRI) Technical Analysis Report for Jun 02, 2020 | by Techniquant Editorial Team
Moving higher for the 3rd day in a row, SIRI finished Tuesday at 5.98 edging higher $0.01 (0.17%), slightly underperforming the Nasdaq 100 (0.61%). Today's close at 5.98 marks the highest recorded closing price since March 11th. Closing within the prior day's range, prices missed to decisively move beyond the previous day's trading range in a lackluster session.
Daily Candlestick Chart (SIRI as at Jun 02, 2020):
Tuesday's trading range has been $0.12 (1.99%), that's far below the last trading month's daily average range of $0.20. Weekly volatility is also lower, being slightly below the market's average weekly trading range. The longer-term, monthly volatility is currently slightly lower than usual for SIRI.
Although still in a long-term downtrend, the short and medium-term trends both turned bullish already.