Why Is NuScale Power Stock Dropping? SMR Stock Technical Analysis
NuScale Power (SMR) stock is dropping again, trading near $17.41 after a roughly 5% drop in the last session. The move has pushed the stock back into a make-or-break zone, where buyers usually decide whether they want to defend support or step aside.
The selling is not random. It reflects two pressures hitting at the same time. First, the market is adjusting to higher potential share supply, which often weighs on price even before new shares appear. Second, the chart has broken below key trend levels, and that shift changes how many traders behave.
When a stock loses support, bounces tend to fade until a new base is built. That is why SMR stock support is the main level to watch right now.
Why is SMR Stock Falling?
The main…
