Catalyst Pharmaceuticals (CPRX, $19.98) Moving Average Convergence Divergence (MACD) Histogram turned negative on August 29, 2024

#Biotechnology, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #MidCap, #Russel2000
CPRX - Catalyst Pharmaceuticals
MACD signal
Bearish Trend
85%
Odds of DOWN Trend
MACD signal
Price: $19.98
Daily change: -$0.4 (-1.96%)
Daily volume: 810.5K
Capitalization: $2.4B
Industry: Biotechnology

This is a Bearish indicator signaling CPRX's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 40 similar cases where CPRX's MACD histogram became negative, and 34 of them led to successful outcomes. Odds of Success: 85%.