SMMT Stock Summit Therapeutics (SMMT, $4.49) entered Downtrend as Momentum indicator drops below 0 level on May 15, 2024

A.I.dvisor
at Tickeron.com
05/16/24
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SMMT - Summit Therapeutics
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $4.49
Daily change: -$0.2 (-4.16%)
Daily volume: 1.8M
Industry: Biotechnology
This indicator may be signaling that SMMT'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 106 similar cases where SMMT's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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SMMTDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a developer of novel medicines

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Biotechnology
Address
601 Brickell Key Drive
Phone
+1 650 460-8308
Employees
105
Web
https://www.smmttx.com