Funko (FNKO, $12.2) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 9, 2024

#RecreationalProducts, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #SmallCap, #Russel2000
FNKO - Funko
MACD signal
Bearish Trend
81%
Odds of DOWN Trend
Price: $12.2
Daily change: -$0.33 (-2.63%)
Daily volume: 220.4K
Industry: Recreational Products

This is a Bearish indicator signaling FNKO's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 48 similar cases where FNKO's MACD histogram became negative, and 39 of them led to successful outcomes. Odds of Success: 81%.