Scorpio Tankers (STNG, $34.45) entered Downtrend as Momentum indicator drops below 0 level on Apr 22, 2025

#OilGasPipelines, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap, #Russel2000
STNG - Scorpio Tankers
Momentum signal
Bearish Trend
81%
Odds of DOWN Trend
Price: $34.45
Daily change: +$0.3 (+0.88%)
Daily volume: 787.3K
Capitalization: $1.7B
Industry: Oil & Gas Pipelines

This indicator may be signaling that STNG'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 98 similar cases where STNG's Momentum Indicator fell below the 0 level, and 79 of them led to a successful outcome. Odds of Success: 81%.