Largest Negative Opening Gaps for SPXC

How does SPXC usually behave after a large gap-down move?

Using the 12 largest gap-down moves over the last 3 years in SPXC stock, the average move was -3.9% with the single largest opening gap of -7.5% occurring on 4-Apr-2025. Following the opening, SPXC tended to drift higher to the closing price 58% of the time for an average gain of +0.5%. The following day, SPXC stock price averaged +0.5% gains, with up moves more frequent than down moves. The stock was up 67% of the time in that period one day after these significant gaps. Earnings dates have been excluded from this analysis.

Catalysts

8 of SPXC's 12 largest moves corresponded with a large gap down in the overall market. 1 of the moves coincided with a company-issued press release.

Open-to-High and Open-to-Low

The largest percentage gain from the open to the high of the day was +10.1% on 7-Apr-2025, while the biggest drop from the open to the low was -4.6% on 5-Jul-2023. On average, the SPXC stock price gain from the opening price to the highest point of the day was +3.0%, and the average drop to the lowest point was -1.9%.

Day Drift Open-to-Close

The best performance in SPXC stock price from opening price to closing price (referred to as the "drift" for the day) was on 5-Aug-2024 for a +4.5% gain after the stock gapped down -6.3% at the open. The worst worst return from the opening price to the closing price was on 5-Jul-2023 when the stock lost -4.6% after the stock gapped down -2.6%. Overall in the 12 available observations, the stock drifted higher 58% of the time for an average gain of +0.5%.