Axogen (AXGN, $17.72) entered Downtrend as Momentum indicator drops below 0 level on Mar 21, 2025

#MedicalSpecialties, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
AXGN - Axogen
Momentum signal
Bearish Trend
80%
Odds of DOWN Trend
Price: $17.72
Daily change: -$0.32 (-1.77%)
Daily volume: 460.9K
Capitalization: $785.8M
Industry: Medical Specialties

This indicator may be signaling that AXGN'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 82 similar cases where AXGN's Momentum Indicator fell below the 0 level, and 66 of them led to a successful outcome. Odds of Success: 80%.