Stevanato Group SpA (STVN, $22.6) Aroon Indicator entered a Downtrend on March 10, 2025.

#MedicalSpecialties, #TechnicalAnalysis, #AROON, #Bearish, #Stocks, #MidCap
STVN - Stevanato Group SpA
Aroon signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $22.6
Daily change: +$1.04 (+4.82%)
Daily volume: 621K
Capitalization: $5.9B
Industry: Medical Specialties

For the last three days, A.I.dvisor has detected that STVN's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for STVN, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 124 similar cases, 107 of which were successful. Based on this data, the odds of success are 86%.