Anywhere Real Estate (HOUS, $4.73) Aroon Indicator entered a Downtrend on May 08, 2024.

#RealEstateDevelopment, #TechnicalAnalysis, #AROON, #Bearish, #Stocks, #SmallCap, #Russel2000
HOUS - Anywhere Real Estate
Aroon signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $4.73
Daily change: -$0.26 (-5.21%)
Daily volume: 1.1M
Capitalization: $525.5M
Industry: Real Estate Development

For the last three days, A.I.dvisor has detected that HOUS'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 HOUS, 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 191 similar cases, 171 of which were successful. Based on this data, the odds of success are 90%.