Galecto (GLTO, $0.68) entered Downtrend as Momentum indicator drops below 0 level on Apr 30, 2024

A.I.dvisor
at Tickeron.com
05/01/24
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GLTO - Galecto
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $0.6755
Daily change: -$0.0262 (-3.73%)
Daily volume: 145K
Capitalization: $18.3M
Industry: Biotechnology
This indicator may be signaling that GLTO's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 64 similar cases where GLTO's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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GLTODaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry Biotechnology

Profile
Fundamentals
Details
Industry
N/A
Address
Ole Maaloes Vej 3
Phone
+45 70705210
Employees
13
Web
https://www.galecto.com