Calumet, Inc. (CLMT)

Calumet, Inc. is trading at $49.32, down 6.22% on the session. The 50 day average sits at $53.62 and the 200 day at $37.63, which puts the stock in a uptrend. RSI is at 33.9, which reads as weak, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $45.73 with resistance near $51.50, so that band frames the current range. Average daily movement is roughly $2.65, or about 5.4% of the share price, which is what any stop placement has to allow for. The overall health score of 53 out of 100 combines a trend score of 77, momentum of 31 and a risk score of 46.

Calumet, Inc. manufactures, formulates, and markets a slate of specialty branded products and renewable fuels in North America and internationally. It operates through Specialty Products and Solutions; Performance Brands; and Montana/Renewables segments. The Specialty Products and Solutions segment manufactures and markets various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. The Montana/Renewables segment processes geographically advantaged renewable feedstocks into renewable diesel, aviation fuel, and renewable naphtha. This segment also engages in the process of Canadian crude oil into conventional gasoline, diesel, jet fuel, and specialty grades of asphalt. The Performance Brands segment blends, packages, and markets high performance products through Royal Purple, Bel-Ray, and TruFuel brands. It serves wholesale distributors and retail chains. Calumet, Inc. was founded in 1919 and is headquartered in Indianapolis, Indiana.