Zentalis Pharmaceuticals (ZNTL, $3.07) entered Downtrend as Momentum indicator drops below 0 level on Aug 22, 2024

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MicroCap, #Russel2000
ZNTL - Zentalis Pharmaceuticals
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $3.07
Daily change: -$0.23 (-6.97%)
Daily volume: 474.9K
Capitalization: $218.3M
Industry: Biotechnology

This indicator may be signaling that ZNTL'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 77 similar cases where ZNTL's Momentum Indicator fell below the 0 level, and 70 of them led to a successful outcome. Odds of Success: 90%.