Adecoagro SA (AGRO, $11.21) Moving Average Convergence Divergence (MACD) Histogram turned negative on September 10, 2024

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AGRO - Adecoagro SA
MACD signal
Bearish Trend
81%
Odds of DOWN Trend
Price: $11.21
Daily change: $0 (0%)
Daily volume: 982.6K
Capitalization: $1.1B
Industry: Agricultural Commodities/Milling

This is a Bearish indicator signaling AGRO's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 42 similar cases where AGRO's MACD histogram became negative, and 34 of them led to successful outcomes. Odds of Success: 81%.