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Sify stock price a technical view of Sify stock price
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A technical view of Sify stock price suggests an upward cross of the 20-day EMA over the 50-day EMA, a bullish signal likely to attract short-term traders. Streamline Health Solutions (STRM) – Streamline Health Solutions offers integrated solutions, technology-enabled services, and analytics that drive compliant revenue leading to improved financial performance across the enterprise. On September 26, the company announced a one-for-15 reverse stock split of its common stock to comply with Nasdaq’s minimum bid price requirement. The shares will start trading on a split adjusted basis on October 4. The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation. The Sify stock price closed at $2.38 under mild bullish bias. Strong order book data in managed network solutions suggests sustained demand through Q