Soleno Therapeutics (SLNO, $69.93) entered Downtrend as Momentum indicator drops below 0 level on Apr 16, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap
SLNO - Soleno Therapeutics
Momentum signal
Bearish Trend
85%
Odds of DOWN Trend
Price: $69.93
Daily change: -$0.32 (-0.46%)
Daily volume: 1M
Capitalization: $3.2B
Industry: Biotechnology

This indicator may be signaling that SLNO'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 79 similar cases where SLNO's Momentum Indicator fell below the 0 level, and 67 of them led to a successful outcome. Odds of Success: 85%.