Mammoth Energy Services (TUSK, $3.71) entered Downtrend as Momentum indicator drops below 0 level on Aug 22, 2024

#TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MicroCap, #Russel2000
TUSK - Mammoth Energy Services
Momentum signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $3.71
Daily change: -$0.01 (-0.22%)
Daily volume: 48.6K
Capitalization: $178.6M

This indicator may be signaling that TUSK'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 96 similar cases where TUSK's Momentum Indicator fell below the 0 level, and 80 of them led to a successful outcome. Odds of Success: 83%.