Ovid Therapeutics (OVID, $0.29) Aroon Indicator entered a Downtrend on April 17, 2025.

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OVID - Ovid Therapeutics
Aroon signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $0.2886
Daily change: +$0.0177 (+6.53%)
Daily volume: 227.1K
Capitalization: $20.5M
Industry: Biotechnology

For the last three days, A.I.dvisor has detected that OVID'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 OVID, 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 247 similar cases, 212 of which were successful. Based on this data, the odds of success are 86%.