MBIA (MBI, $7.92) Moving Average Convergence Divergence (MACD) Histogram turned negative on September 19, 2023

#SpecialtyInsurance, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #SmallCap, #Russel2000
MBI - MBIA
MACD signal
Bearish Trend
67%
Odds of DOWN Trend
Price: $7.92
Daily change: +$0.05 (+0.64%)
Daily volume: 191.2K
Industry: Specialty Insurance

This is a Bearish indicator signaling MBI's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 48 similar cases where MBI's MACD histogram became negative, and 32 of them led to successful outcomes. Odds of Success: 67%.