MEI Pharma (MEIP, $3.06) Aroon Indicator entered a Downtrend on May 03, 2024.

A.I.dvisor
at Tickeron.com
05/04/24
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MEIP - MEI Pharma
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $3.06
Daily change: $0 (0%)
Daily volume: 17.1K
Capitalization: $20.4M
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that MEIP'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 MEIP, 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 249 similar cases, of which were successful. Based on this data, the odds of success are
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MEIPDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a mfactures pharmaceuticals products

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Pharmaceuticals Other
Address
11455 El Camino Real
Phone
+1 858 369-7100
Employees
102
Web
https://www.meipharma.com