RGR Stock Tickeron detected bearish Stock Pattern: Cup-and-Handle Inverse RGR on April 25, 2024, netting in a 6.55% gain over 2 weeks

A.I.dvisor
at Tickeron.com
05/09/24
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+6.55% Gain from a Successful pattern Cup-and-Handle Inverse
RGR - Sturm Ruger & Company
Ticker: RGR
Company: Sturm Ruger & Company
Gain from shortening: +6.55%
Confirmed: 04/25/24
Succeeded: 05/08/24
Total length: 20 days
On April 18, 2024, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for Sturm Ruger & Company (RGR, $46.12). 7 days later, on April 25, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On May 08, 2024, the stock hit the target price of $43.59 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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RGRDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of firearms

Industry AerospaceDefense

Profile
Fundamentals
Details
Industry
Recreational Products
Address
1 Lacey Place
Phone
+1 203 259-7843
Employees
1820
Web
http://www.ruger.com