CareDx (CDNA, $18.22) entered Downtrend as Momentum indicator drops below 0 level on Apr 16, 2025

#MedicalSpecialties, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
CDNA - CareDx
Momentum signal
Bearish Trend
88%
Odds of DOWN Trend
Price: $18.22
Daily change: -$0.94 (-4.91%)
Daily volume: 507K
Capitalization: $1B
Industry: Medical Specialties

This indicator may be signaling that CDNA'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 83 similar cases where CDNA's Momentum Indicator fell below the 0 level, and 73 of them led to a successful outcome. Odds of Success: 88%.