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Is SCM heading for a slide? 1,2,3 Retracement Bearish shows up after sliding 2.61%

Stellus Capital Investment Corporation (SCM) — SwingTradeBot Technical Analysis Report · Jul 29, 2026, 20:06 ET
On Wednesday, July 29th, SCM moved down 2.61% while volume was to 1.1× the usual levels. Multiple bearish signals emerged — 1,2,3 Retracement Bearish, Non-ADX 1,2,3,4 Bearish & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 6.99, 6.9 & 6.75, with resistance at 7.24, 7.39 & 7.49. Meanwhile, Slow Stochastic is showing oversold conditions.

Current SwingTradeBot Technical Rating of SCM: F

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Stellus Capital Investment Corporation (SCM)