Newsmax, Inc. (NMAX)

Newsmax, Inc. is trading at $11.55, up 11.49% on the session. The 50 day average sits at $8.31 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 77.9, which reads as overbought, and MACD is bullish crossover. Volume is volume spike.

The nearest support is around $8.12 with resistance near $11.59, so that band frames the current range. Average daily movement is roughly $0.55, or about 4.8% of the share price, which is what any stop placement has to allow for. The overall health score of 67 out of 100 combines a trend score of 75, momentum of 84 and a risk score of 30.

Newsmax Inc., through its subsidiaries, operates as a television broadcaster and multi-platform content publisher in the United States. It operates through two segments, Broadcasting and Digital. The Broadcasting segment produces and licenses news, business news, and lifestyle content for distribution through cable television systems, direct broadcast satellite operators, and telecommunication companies. This segment also provides programming services through Newsmax and Newsmax2, which offer 24/7 television news and informational programming channels through cable and digital streaming platforms; and World at War that offers 24/7 historical documentaries and movies. The Digital segment offers online advertising services, such as online display, email advertising, other online placements, and print advertisements; subscriptions, including a collection of specialized health and financial newsletters, Newsmax Magazine, and online membership programs; and sells nutraceutical and nonfiction books on political, financial, and health-related topics. Newsmax Inc. was founded in 1998 and is headquartered in Boca Raton, Florida.