RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SCM
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Stellus Capital Investment Corporation stock upgraded to Hold/Accumulate.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Stellus Capital Investment Corporation stock price fell by -0.532% on the last day (Thursday, 28th Mar 2024) from $13.15 to $13.08. During the last trading day the stock fluctuated 1.61% from a day low at $13.07 to a day high of $13.28. The price has been going up and down for this period, and there has been a 1.16% gain for the last 2 weeks. Volume has increased on the last day by 63 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 147 thousand shares were bought and sold for approximately $1.93 million.

The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Stellus Capital Investment Corporation stock with a 90% probability to be traded between $12.49 and $13.40 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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SCM Signals & Forecast

The Stellus Capital Investment Corporation stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $13.22. On a fall, the stock will find some support from the long-term average at approximately $12.97. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -1.95%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Friday, February 16, 2024 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Friday, February 16, 2024 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Stellus Capital Investment Corporation stock

Stellus Capital Investment Corporation finds support from accumulated volume at $13.07 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.210 between high and low, or 1.61%. For the last week the stock has had daily average volatility of 1.25%.

Our recommended stop-loss: $12.62 (-3.49%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 6 days ago.)

Trading Expectations (SCM) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Stellus Capital Investment Corporation to open at $13.14, and during the day (based on 14 day Average True Range), to move between $12.88 and $13.28, which gives a possible trading interval of +/-$0.196 (+/-1.50%) up or down from last closing price. If Stellus Capital Investment Corporation takes out the full calculated possible swing range there will be an estimated 3.00% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $13.07 (0.08%) than the resistance at $13.20 (0.92%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Stellus Capital Investment Corporation stock A Buy?

Stellus Capital Investment Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.825 Hold/Accumulate Upgraded

Predicted Opening Price for Stellus Capital Investment Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$13.14 ( 0.484%) $13.08

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SCM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 13.35 2.09 %
R2 13.27 1.48 %
R1 13.22 1.10 %
Current price: 13.08
Support S1 13.06 -0.129 %
S2 13.01 -0.508 %
S3 12.93 -1.12 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 13.31 1.76 %
R2 13.22 1.07 %
R1 13.20 0.92 %
Current price 13.08
Support S1 13.07 -0.0765%
S2 12.99 -0.688%
S3 12.97 -0.84%

SCM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 15, 2024 Mar 27, 2024 Apr 15, 2024 $0.133 1.02%
2 Feb 28, 2024 Feb 28, 2024 Mar 15, 2024 $0.133 1.02%
3 Jan 15, 2024 Jan 30, 2024 Feb 15, 2024 $0.133 1.03%
4 Oct 05, 2023 Dec 15, 2023 Dec 29, 2023 $0.133 1.04%
5 Oct 05, 2023 Nov 29, 2023 Dec 15, 2023 $0.130 1.02%

FAQ

What is the symbol for Stellus Capital Investment Corporation Stock and on which exchange is it traded?
The symbol for Stellus Capital Investment Corporation is SCM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Stellus Capital Investment Corporation Stock?
Stellus Capital Investment Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Stellus Capital Investment Corporation Stock?
Stellus Capital Investment Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Stellus Capital Investment Corporation Stock.

What's the current price of Stellus Capital Investment Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Stellus Capital Investment Corporation (SCM) share was $13.08.

What is the 52-week high and low for Stellus Capital Investment Corporation Stock?
The 52-week high for Stellus Capital Investment Corporation Stock is $15.40 and the 52-week low is $12.20.

What is the market capitalization of Stellus Capital Investment Corporation Stock?
As of the 2024-03-28, the market capitalization of Stellus Capital Investment Corporation is 315.563M.

When is the next earnings date for Stellus Capital Investment Corporation?
The upcoming earnings date for Stellus Capital Investment Corporation is May 14, 2024.
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About Stellus Capital Investment Corporation

Stellus Capital Investment Corporation is a business development company specializing in investments in private middle-market companies. It invests through first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. The fund prefers to invest in US and Canada. The fund seeks to invest in companies with an EBITDA between $5 million and $50 million.... SCM Profile

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