Design Therapeutics (DSGN, $5.92) entered Downtrend as Momentum indicator drops below 0 level on Jan 07, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
DSGN - Design Therapeutics
Momentum signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $5.92
Daily change: -$0.39 (-6.18%)
Daily volume: 182.9K
Industry: Biotechnology

This indicator may be signaling that DSGN'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 65 similar cases where DSGN's Momentum Indicator fell below the 0 level, and 53 of them led to a successful outcome. Odds of Success: 82%.