Wayfair (W, $25.81) entered Downtrend as Momentum indicator drops below 0 level on Apr 21, 2025

#InternetRetail, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap
W - Wayfair
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $25.81
Daily change: -$0.8 (-3.01%)
Daily volume: 3.6M
Capitalization: $3.3B
Industry: Internet Retail

This indicator may be signaling that W'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 85 similar cases where W's Momentum Indicator fell below the 0 level, and 77 of them led to a successful outcome. Odds of Success: 90%.