Why Is The Scotts Miracle-Gro Company (NYSE: SMG) Stock Down Today?

The Scotts Miracle-Gro Company (NYSE: SMG) Summary

The Scotts Miracle-Gro Company (NYSE: SMG) is trading up +2.86% at $69.46, reflecting a positive shift in investor sentiment today. The stock opened at $70.43 and has moved between $68.89 and $70.43 so far.

Trading volume is 346957, which is 64% below its average, and the price action suggests buying interest.

Technically, SMG on the NYSE is trading above its 50-day moving average of $63.12 and above its 200-day moving average of $61.41, indicating short-term and long-term strength.

Analyst sentiment is bullish. Meyka's AI assigns SMG a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -16.27% in 1 month ($58.16), -5.59% in 1 year ($65.58), and -7.72% in 5 years ($64.10).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NYSE.
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