Evotec SE (EVO, $4.54) Moving Average Convergence Divergence (MACD) Histogram turned negative on December 27, 2024

#PharmaceuticalsOther, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #MidCap
EVO - Evotec SE
MACD signal
Bearish Trend
69%
Odds of DOWN Trend
Price: $4.54
Daily change: -$0.34 (-6.97%)
Daily volume: 273.2K
Capitalization: $1.6B
Industry: Pharmaceuticals: Other

This is a Bearish indicator signaling EVO's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 45 similar cases where EVO's MACD histogram became negative, and 31 of them led to successful outcomes. Odds of Success: 69%.