Immunovant (IMVT, $28.86) Aroon Indicator entered a Downtrend on May 03, 2024.

A.I.dvisor
at Tickeron.com
05/04/24
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IMVT - Immunovant
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $28.86
Daily change: +$0.08 (+0.28%)
Daily volume: 701.5K
Capitalization: $4.2B
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that IMVT's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for IMVT, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 194 similar cases, of which were successful. Based on this data, the odds of success are
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IMVTDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a clinical-stage biopharmaceutical company, which focuses on enabling normal lives for patients with autoimmune diseases.

Industry Biotechnology

Profile
Fundamentals
Details
Industry
N/A
Address
320 West 37th Street
Phone
+1 917 580-3099
Employees
164
Web
https://www.immunovant.com