Liquidity & Technicals

Liquidity & Technicals

Institutionally tradable, size-aware: a meaningful institutional position is feasible, but block size and participation discipline matter. The technical stance is bearish-to-neutral because price is -26.1% below the 200-day average after a Q1 earnings selloff.

Portfolio implementation verdict

5D Capacity at 20% ADV

$15.2M

Largest 5D Position

1.0

Supported AUM at 5% Weight

$304.4M

20D ADV / Mkt Cap

1.30

Technical Score

-3

Price snapshot strip

Current Price

$19.22

YTD Return

-35.2

1Y Return

50.5

52W Position

28.2

Beta

0.80

The critical chart: full-history price with 50/200 SMA

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Relative strength vs benchmark + sector

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Benchmark series were not staged beyond the company line, so this chart is a company-only rebased path. The tape shows a long drawdown despite the 1-year bounce.

Momentum panel - RSI + MACD

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Momentum is not washed out enough to be a clean contrarian buy. RSI near 36.7 is weak but not capitulation, and the MACD histogram is still negative.

Volume, volatility, and sponsorship

No Results
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Volatility is elevated enough to demand wider execution bands, but not so extreme that the stock is untradeable. Sponsorship needs confirmation from up-volume after the next sell-through data point.

Institutional liquidity panel

20D ADV Shares

791,977

20D ADV Value

$16.8M

60D ADV Shares

690,450

ADV / Mkt Cap

1.30

Annual Turnover

370.3
No Results
No Results

Median daily range over 60 days is 1.6%, so impact cost is manageable but not trivial for funds that need immediacy.

Technical scorecard + stance

No Results

The 3-to-6 month stance is bearish-to-neutral. Reclaiming $26, roughly the 200-day average, would confirm the bull case that the Q1 selloff was an overreaction; a break below $17.90 and then the 52-week low near $12.74 would confirm renewed distribution. Liquidity is not the constraint; evidence of sponsorship and sell-through is.