Sirius XM (SIRI)
On average SIRI stock adds 2% in April, but then sputters out again in May and June, according to Thomson Reuters. And even that average 2% gain comes at a price because it lags the industry by 4 percentage points. Given the technicals, it looks like SIRI stock won’t even hit that average 2% gain this month.
SIRI stock is 23% below its 52-week high and 8.4% below its 50-day moving average. The 200-day moving average is even more bearish, with SIRI stock trading 13% below that level. SIRI stock also enters the month with little relative strength, scoring a 28 out of 100 on Thomson Reuters’ Relative Strength Indicator. As such, SIRI joins the list of stocks to sell in April.