Main Street Capital (NYSE: MAIN) STOCK RECOMMENDATION
| Idea | BUY |
| Buy Range | 58 – 59 |
| Target | 61.5 – 63 |
| StopLoss* | below 56.5 |
| Duration | 14-15 Trading Days |
| Potential Returns | 5% – 7% |
| Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns |
| BUY | 58 – 59 | 61.5 – 63 | below 56.5 | 14-15 Trading Days | 5% – 7% |
* Once the first target hit, reset the StopLoss at your buying price.
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Main Street Capital (NYSE: MAIN) STOCK OVERVIEW
Main Street Capital Corporation is a business development company that specializes in providing equity capital to lower middle market companies. The firm focuses on recapitalizations, management buyouts, refinancing, and industry consolidation, and also provides debt capital for acquisitions, growth financings, and recapitalizations.
The firm partners with entrepreneurs, business owners, and management teams, offering “one stop” financing alternatives. Its investment portfolio spans various industries, including logistics, auto components, healthcare, technology, and energy.
Main Street Capital Corporation typically invests in companies with annual revenues between $10 million and $150 million, with equity investments ranging from $5 million to $100 million. The firm was founded in 2007 and is headquartered in Houston, Texas, with an additional office in Poland.
| Stock Data | |
| NYSE Symbol | MAIN |
| Sectoral Index | Finance |
| 52 Weeks High | 60.19 |
| 52 Weeks Low | 43.26 |
Main Street Capital (NYSE: MAIN) - RELATIVE STRENGTH
Relative Performance - Last 1 Year
MAIN — NYSE —
Main Street Capital (NYSE: MAIN) - DAILY TECHNICAL ANALYSIS
- The price previously traded within an ascending channel, but a recent breakout sparked a rally to its all-time high.
- Following a brief pullback, the price is now resuming its upward momentum.
Main Street Capital (NYSE: MAIN) - RSI
- Current RSI of this stock is 69.64, which indicates the strength of buyers.
Main Street Capital (NYSE: MAIN) - ADX & DI
- Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
Main Street Capital (NYSE: MAIN) - EMA Cross
- The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
CONCLUSION - Main Street Capital (NYSE: MAIN) STOCK PRICE FORECAST
Based on our stock trading advice in USA, Main Street Capital stock price target will be USD 61.5 – USD 63 in the next 14-15 trading sessions.
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