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US EQUITIES CLOSED CRYPTO 24/7
HALAL TRADING ROOM Sharia-screened signals
TERMINAL
RS

RSVRStockReservoir Media, Inc.

Nasdaq Global Market · Communication Services

$9.56-0.10% today
52-week $7.07 $13.39
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Alert

Verdicts genuinely change. Free email alert the moment RSVR's does — no target price to set, unlike "Alert" above.

Sharia status
NOT COMPLIANT
Per In-house ratio engine
0 of 7 pass our own screen — all 7 agree here
Purification 100.00% *HTR non-permissible income <0.01%
Methodology breakdown (0/7 compliant)▾
AAOIFI ● FAIL ▾
Debt ratio 73.3% (< 30%)
Investments ratio 2.2% (< 30%)
Non permissible income ratio 0.0% (< 5%)
Usmani ● FAIL ▾
Debt ratio 49.6% (< 33%)
Investments ratio 1.5% (< 33%)
Nonliquid assets ratio 94.0% (< 20%)
Non permissible income ratio 0.0% (< 5%)
Net liquid assets -$0.0B (mkt cap $0.6B)
Dow Jones ● FAIL ▾
Debt ratio 85.6% (< 33%)
Cash and interest ratio 2.5% (< 33%)
Receivables ratio 7.8% (< 33%)
Non permissible income ratio 0.0% (< 5%)
S&P Shariah ● FAIL ▾
Debt ratio 90.7% (< 33%)
Cash and interest ratio 2.7% (< 49%)
Receivables ratio 8.2% (< 49%)
Non permissible income ratio 0.0% (< 5%)
MSCI ● FAIL ▾
Debt ratio 49.6% (< 33%)
Cash and interest ratio 1.5% (< 33%)
Receivables ratio 6.0% (< 33%)
Non permissible income ratio 0.0% (< 5%)
MSCI M ● FAIL ▾
Debt ratio 90.7% (< 33%)
Cash and interest ratio 2.7% (< 33%)
Receivables ratio 10.9% (< 49%)
Non permissible income ratio 0.0% (< 5%)
FTSE ● FAIL ▾
Debt ratio 48.7% (< 33%)
Cash and interest ratio 1.5% (< 33%)
Receivables ratio 6.0% (< 50%)
Non permissible income ratio 0.0% (< 5%)

Business activity Music or entertainment production · assessed 2026-09-13, not re-run since

ℹ️ Ratios above can still show Pass — business activity is a separate, hard gate that overrides a clean ratio result.

🔎 Data provenance — sourcing & safeguards behind these numbers

Source: stored filing inputs · Balance sheet as of 2026-06-30 · Income statement as of 2026-03-31

Real XBRL tags pulled from the issuer's own filing:
Total assets Assets
Debt LongTermDebtNoncurrent
Total liabilities Liabilities
Lease liabilities OperatingLeaseLiabilityNoncurrent, OperatingLeaseLiabilityCurrent
Operating lease liabilities OperatingLeaseLiabilityNoncurrent, OperatingLeaseLiabilityCurrent
Investments CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
Current liabilities LiabilitiesCurrent
Receivables AccountsReceivableNetCurrent
Total revenue Revenues
Interest income InterestAndOtherIncome
🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure0 of 4 timeframes bullish · 0.0% aligned
VWAPPrice below VWAP ($9.56)
VolumeRelative volume 3.1× the 20-day average
Momentum10-day rate of change +0.2%

Reservoir Media, Inc. (RSVR) is currently considered not halal (non-compliant), per In-house ratio engine. See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen, and this verdict does not rest on them. Our business-activity screen classifies Reservoir Media, Inc. under Music or entertainment production, which is an excluded sector — so the verdict is non-compliant even though some ratios below pass. Business activity is a hard gate that ratio math never captures.

87 other Communication Services stocks pass this same screen. See compliant Communication Services stocks →

Market & analysts
Wall Street consensus
BUY
8 analysts
Price target
$13.00
+36.0% · 2 analysts
Institutional own.
44.9%
of shares
Momentum (10d)
+0.2%
rate of change
SMC grade
D · 47
0.0% aligned
100.00% *
Purification ratio (secondary provider, uncertain)
<0.01%
Non-permissible income — HTR, from filings (2026-03-31)
D · 47
SMC grade — 0.0% timeframe alignment
+0.2%
Rate of change (10d)
BUY
Wall Street consensus (8)
$13.00
Price target (+36.0%) · 2 analysts
44.9%
Institutional ownership

🕌 In-house Compliance Research

Research only, not the primary verdict above — computed from SEC EDGAR filings and business-activity classification, same as the Discord bot's !halal command.

Business activity: Music or entertainment production

Assessed 2026-09-13 — past our refresh window, so it has not been re-screened since.

AAOIFI Standard 21 (% of market cap) — Fail 2 of 3 ratios pass
Debt ratio 73.3% (< 30%)
Investments ratio 2.2% (< 30%)
Non permissible income ratio 0.0% (< 5%)
Usmani (% of total assets) — Fail 4 of 5 ratios pass
Debt ratio 49.6% (< 33%)
Investments ratio 1.5% (< 33%)
Nonliquid assets ratio 94.0% (< 20%)
Non permissible income ratio 0.0% (< 5%)
Net liquid assets -$0.0B (mkt cap $0.6B)
Dow Jones Islamic Market (% of 24-mo avg market cap) — Fail 3 of 4 ratios pass
Debt ratio 85.6% (< 33%)
Cash and interest ratio 2.5% (< 33%)
Receivables ratio 7.8% (< 33%)
Non permissible income ratio 0.0% (< 5%)
S&P Shariah Indices (% of 36-mo avg market cap) — Fail 3 of 4 ratios pass
Debt ratio 90.7% (< 33%)
Cash and interest ratio 2.7% (< 49%)
Receivables ratio 8.2% (< 49%)
Non permissible income ratio 0.0% (< 5%)
MSCI Islamic Index (% of total assets) — Fail 3 of 4 ratios pass
Debt ratio 49.6% (< 33%)
Cash and interest ratio 1.5% (< 33%)
Receivables ratio 6.0% (< 33%)
Non permissible income ratio 0.0% (< 5%)
MSCI Islamic M-Series (% of 36-mo avg market cap) — Fail 3 of 4 ratios pass
Debt ratio 90.7% (< 33%)
Cash and interest ratio 2.7% (< 33%)
Receivables ratio 10.9% (< 49%)
Non permissible income ratio 0.0% (< 5%)
FTSE Shariah Global Equity Index Series (% of total assets) — Fail 3 of 4 ratios pass
Debt ratio 48.7% (< 33%)
Cash and interest ratio 1.5% (< 33%)
Receivables ratio 6.0% (< 50%)
Non permissible income ratio 0.0% (< 5%)
🔎 Data provenance — sourcing & safeguards behind these numbers

Source: stored filing inputs · Balance sheet as of 2026-06-30 · Income statement as of 2026-03-31

↳ Operating lease liabilities ($0.0B) folded into the debt figure above, per AAOIFI's post-IFRS-16 treatment.
Real XBRL tags pulled from the issuer's own filing (auditable against it directly):
Total assets Assets
Debt LongTermDebtNoncurrent
Total liabilities Liabilities
Lease liabilities OperatingLeaseLiabilityNoncurrent, OperatingLeaseLiabilityCurrent
Operating lease liabilities OperatingLeaseLiabilityNoncurrent, OperatingLeaseLiabilityCurrent
Investments CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
Current liabilities LiabilitiesCurrent
Receivables AccountsReceivableNetCurrent
Total revenue Revenues
Interest income InterestAndOtherIncome

Combined verdict: AAOIFI Non Compliant Usmani Non Compliant Dow Jones Islamic Non Compliant S&P Shariah Non Compliant MSCI Islamic Non Compliant MSCI Islamic M Non Compliant FTSE Shariah Non Compliant

ℹ️ AAOIFI, Usmani, Dow Jones Islamic, S&P Shariah, MSCI Islamic, MSCI Islamic M, FTSE Shariah screen this company as Non-Compliant on the financial ratios alone — a ratio failure is decisive on its own, so those verdicts stand regardless of what the business-activity screen concluded. The business-activity screen is a second, independent hard gate, and it flagged Music or entertainment production.

The three ratios

Computed from the company's own filing, measured against market cap — the AAOIFI basis. Other standards move both the line and the denominator, which is what the breakdown above shows.

Debt ratio 73.3%of 30%
Investments ratio 2.2%of 30%
Non permissible income ratio 0.0%of 5%
Basis Complete

How close is it to flipping?

Every current reading against its own line, closest first. A verdict is only as durable as that distance.

AAOIFI Standard 21 (% of market cap)non permissible income ratio 5.0pts
Usmani (% of total assets)non permissible income ratio 5.0pts
Dow Jones Islamic Market (% of 24-mo avg market cap)non permissible income ratio 5.0pts
S&P Shariah Indices (% of 36-mo avg market cap)debt ratio 57.7pts
MSCI Islamic M-Series (% of 36-mo avg market cap)debt ratio 57.4pts
Dow Jones Islamic Market (% of 24-mo avg market cap)debt ratio 52.6pts

The numbers the ratios are built from

Read from RSVR's own filings. Every percentage on this page is one of these lines divided by another, so the inputs are shown rather than asserted.

LineFigureAs reportedRead from
RevenueTotal revenue for the period $175.7M 2026-03-31 Revenues
Interest-bearing debtShort and long-term borrowings $462.2M 2026-06-30 LongTermDebtNoncurrent
Cash and interest-bearing securitiesCash, equivalents and marketable securities $14.0M 2026-06-30 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
Total assetsBalance sheet total $948.9M 2026-06-30 Assets
Market capDenominator for AAOIFI $642.2M live quote price x shares
36-month average market capDenominator for S&P Shariah and MSCI M-Series $518.7M 756 trading days closes x shares
24-month average market capDenominator for Dow Jones Islamic Market $549.4M 504 trading days closes x shares
Non-permissible revenueInterest and excluded income $10.5K 2026-03-31 InterestAndOtherIncome

Two dates, not one: a balance-sheet line and an income-statement line cover different windows by design, so each figure carries its own.

What changed, and when

Verdict history for RSVR. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.

  • 2026-09-07 No change recorded No verdict change for RSVR has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.

Tracked since 2026-09-07.

11.1010.139.168.197.222025-10-272026-04-282026-10-26

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
9.43
S2
9.47
S1
9.52
PIVOT
9.56
R1
9.61
R2
9.65
R3
9.70

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

7-day expected range
8.45 – 10.53
±10.95% from 9.49, made 2026-09-25 · resolves 2026-10-02
SELL
from 19 indicators
61.9% of our last 5789 forecasts — across every instrument we forecast, not just this one — landed inside their stated range, and 49.9% called the direction correctly.

Technical Summary

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

BUY
19 indicators
OscillatorsSTRONG BUY
3 buy · 4 neutral · 0 sell
Moving averagesNEUTRAL
6 buy · 0 neutral · 6 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)49.90NEUTRAL
Stochastic %K (14)42.00NEUTRAL
CCI (20)34.96NEUTRAL
Williams %R (14)-58.00NEUTRAL
MACD (12,26,9)0.01BUY
ROC (10)0.21BUY
Momentum (10)0.02BUY
EMA (10)9.56BUY
SMA (10)9.56SELL
EMA (20)9.55BUY
SMA (20)9.56BUY
EMA (30)9.57SELL
SMA (30)9.53BUY
EMA (50)9.63SELL
SMA (50)9.56SELL
EMA (100)9.67SELL
SMA (100)9.90SELL
EMA (200)9.20BUY
SMA (200)9.51BUY

About Reservoir Media, Inc.

Communication Services · Entertainment

Reservoir Media, Inc. operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. Its Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs. Reservoir Media, Inc. was founded in 2007 and is headquartered in New York, New York.

reservoir-media.com ↗

Background via Yahoo Finance — informational, not part of the verdict.

Grade verdict

Weak — low conviction, small size or skip

SMC — Top Down

Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.

TimeframeBiasBars
📅 Daily RANGING 42
🕐 1H RANGING 44
⏱ 15-Min RANGING 130
⏲ 5-Min RANGING 234

Momentum & Volume

Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.

+0.2%
Rate of change (10d)
3.1×
Volume vs its 20-day average
0.02
MACD (no fresh cross)
$9.60
Volume POC (today)
$9.58 – $9.63
Value area

Peer Movement

How the rest of the sector moved over the same window. Context for a price move, never a cause of one.

Peer movement computing — it will appear here on its own.

Before you act on this

The questions worth asking about any verdict on this page, answered plainly.

Is this a fatwa?

No. HTR applies published screening standards to a company's own filings and shows the result under each one. It is research, not a religious ruling. For a ruling that applies to you, ask a qualified scholar.

Why can the standards disagree?

Because they measure different things. Some divide interest-bearing debt by market cap, others by total assets, and the thresholds differ too. The same filing can clear one line and cross another. HTR shows every verdict rather than averaging them into one label.

How often is this re-screened?

Ratios are recomputed when a new filing lands, and the whole watchlist is re-screened on a rolling basis. The date on the verdict above is the last time this symbol was actually recomputed, not the last time the page was built.

Do I need to purify dividends?

If a company earns some non-permissible income, many scholars hold that the same share of any dividend should be given away. The non-permissible income figure above is the number that calculation starts from — the purification calculator finishes it, showing the filing figures behind the ratio and both the proportional and the AAOIFI per-share convention.

Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.

Compare with

Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.

Peer screening computing — it will appear here on its own.

Insider Activity (90d)

Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.

NEUTRAL   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.

NEUTRAL   report date 2026-10-20 · Asset managers net 901377 (-14458)

Key Statistics

From the nightly market snapshot, shown so the verdict sits beside the numbers it does not depend on.

Media
Sector · Media
$631M
Market cap
72.0
P/E (TTM)
1.7
P/B
$0.13
EPS (TTM)
$2.74
Revenue / share
11.4%
Revenue growth (YoY)
4.9%
Net margin
64.7%
Gross margin
2.3%
Return on equity
1.21
Debt / equity
1.41
Current ratio
0.81
Beta
50
RSI
9/10
Risk score

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.