Soluna Holdings, Inc.

Stage 4 · Declining · week 14

As of Oct 22, 2026, Soluna Holdings is in Stage 4, the downtrend phase, now in week 14 (since Jul 22, 2026). It closed at $0.53, 85.2% below its 52-week high and below its 200-day average, which is falling.

Soluna Holdings, Inc., together with its subsidiaries, engages in the mining of cryptocurrency through data centres. More about the company

$0.53

-5.36% today

$131M · Micro cap

Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

Is SLNH early, or has it already run? Pro answers that for every US stock we cover, after every close.

Get Pro · $19 a month

Renews monthly until you cancel. Cancel any time in Plan & billing.

Loading price chart…

Stage Cycle Timeline2023-08-16 → 2026-10-22

S4 16w

S4 18w

S4 29w

S4 13w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S1 6w → S4 16w → S1 4w → S4 18w → S1 2w → S2 10w → S3 7w → S4 5w → S1 2w → S4 29w → S1 2w → S4 8w → S1 2w → S2 10w → S3 10w → S4 10w → S1 12w → S4 13w current

Total tracked: 165 weeks across 18 stage runs.

SLNH among Capital Markets76th of 95 by relative strength

All 95 →

Stocks in Capital Markets ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	MTCMMTec, Inc.	Stage 2 · wk 2	99	−21.8%
2	TOPTOP Financial Group Limited Class A	Stage 2 · wk 16	98	+7.5%
3	MRXMarex Group Limited	Stage 2 · wk 28	96	−4.3%
4	VIRTVirtu Financial, Inc. Class A	Stage 3 · wk 5	92	+6.1%
5	XPXP Inc. Class A	Stage 2 · wk 4	92	+40.6%
6	OPYOppenheimer Holdings, Inc. Class A	Stage 2 · wk 41	87	−11.5%
7	GOLDGold.com, Inc.	Stage 1 · wk 2	86	−11.1%
8	XRPNEvernorth Holdings Inc. Class A	Stage 2 · wk 28	86	+46.3%
…76	SLNHSoluna Holdings, Inc.	Stage 4 · wk 14	9	−57.3%

vs 52W High

-85.2%

$0.53 lo$3.58 hi

85.2% below 52W high, deep Stage 4 damage

In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.

Stage Maturity

Week 14

1w13w26w

Week 14, established downtrend

How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.

vs 200 DMA

-55.9%

200 DMA: $1.20 · sloping down

In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.

Rel Volume

0.91x

vs 50-day avg

High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-57.3%

-57.9%

-60.4%

YTD

-62.4%

-84.8%

Scan Membership

Breakout Watch

Latest: 2024-07-03

7 appearances in last 60 days. First seen: 2018-10-16.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S4

Wk 14 · Vol 0.91x

2026-10-21S4

Wk 13 · Vol 2.42x

2026-10-20S4

Wk 13 · Vol 1.77x

2026-10-19S4

Wk 13 · Vol 2.50x

2026-10-16S4

Wk 13 · Vol 1.46x

2026-10-15S4

Wk 13 · Vol 1.51x

2026-10-14S4

Wk 12 · Vol 1.17x

2026-10-13S4

Wk 12 · Vol 1.16x

2026-10-12S4

Wk 12 · Vol 1.20x

2026-10-09S4

Wk 12 · Vol 0.94x

2026-10-08S4

Wk 12 · Vol 1.45x

2026-10-07S4

Wk 11 · Vol 0.59x

Moving averages & range

50 DMA

$1.07

200 DMA

$1.20

52W High

$3.58

52W Low

$0.53

5D Low

$0.53

Resistance levels (recent highs)

20d High

$1.22

60d High

$1.35

120d High

$2.22

250d High

$3.49

Next resistance

+130.2%

to 20d High

ROE

-68.4%

Profit margin -182.2%

Dividend Yield

0.00%

P/B 0.8

Soluna Holdings: quick answers

What stage is Soluna Holdings in?

As of Oct 22, 2026, Soluna Holdings (SLNH) is in Stage 4, the downtrend phase. It entered Stage 4 on Jul 22, 2026 and is in week 14. What the four stages mean

Is Soluna Holdings in an uptrend?

No. Soluna Holdings is in a Stage 4 downtrend. It trades 55.9% below its 200-day average, which is falling.

How far is Soluna Holdings from its 52-week high?

Soluna Holdings closed at $0.53 on Oct 22, 2026, 85.2% below its 52-week high of $3.58. Its 52-week low is $0.53.

How has Soluna Holdings performed over the past year?

As of Oct 22, 2026, Soluna Holdings is down 84.8% over the past year and down 62.4% so far in 2026.

Which sector and industry is Soluna Holdings in?

Soluna Holdings is in the Capital Markets industry, part of the Financials sector.

About this companyFinancials· Capital Markets

Soluna Holdings, Inc., together with its subsidiaries, engages in the mining of cryptocurrency through data centres. It operates through three segments, Cryptocurrency Mining, Data Center Hosting, and High-Performance Computing Services. The company also operates in the blockchain business, as well as provides colocation and hosting services to large-scale bitcoin mining operators. In addition, the company develops and builds modular data centrers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. Soluna Holdings, Inc. was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. in November 2021. The company was founded in 1961 and is headquartered in Albany, New York.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.