SIRI slides to lowest close since April 3rd

Sirius XM Holdings Inc. (SIRI) Technical Analysis Report for Apr 16, 2018

Highlights

SIRI closes lower for the 4th day in a row
SIRI falls to lowest close since April 3rd
SIRI closes within previous day's range after lackluster session

TQ Sentiment

Report Sentiment: 25% Bearish
Technical Forecast:

Overview

Moving lower for the 4th day in a row, SIRI finished Monday at 6.17 losing $0.02 (-0.32%). Today's closing price of 6.17 marks the lowest close since April 3rd. Closing within the previous day's range, prices failed to decisively move past the prior day's trading range in a lackluster session.

Daily chart for SIRI

Volatility

Monday's trading range was $0.09 (1.45%), that's below last trading month's daily average range of $0.12. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being below average.

Support/Resistance

Prices are trading close to the key resistance level at 6.23.

Trend

The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.

Order Flow

As prices are trading close to April's high at 6.36, upside momentum could speed up should Sirius XM mark new highs for the month. As prices are trading close to April's low at 6.08, downside momentum might accelerate should the share mark new lows for the month.

Conclusion

While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bearish.

Market Conditions for Sirius XM Holdings Inc.

Loading Market Conditions for $SIRI (Sirius XM Holdings Inc.)...
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Sirius XM Holdings Inc. traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Market Movers

Related Stocks

AAP 10 day candlestick chart for AAP 169.60 1.95 (1.16%)
ADNT 10 day candlestick chart for ADNT 42.67 1.25 (3.02%)
ALSN 10 day candlestick chart for ALSN 51.90 -0.21 (-0.40%)
AMCX 10 day candlestick chart for AMCX 64.16 0.35 (0.55%)
AN 10 day candlestick chart for AN 43.91 0.82 (1.90%)
APTV 10 day candlestick chart for APTV 87.30 1.29 (1.50%)
ARD 10 day candlestick chart for ARD 16.60 -0.06 (-0.36%)
ARMK 10 day candlestick chart for ARMK 42.85 0.04 (0.09%)
ATR 10 day candlestick chart for ATR 111.13 -0.46 (-0.41%)
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!