Core Laboratories (CLB, $11.85) entered Downtrend as Momentum indicator drops below 0 level on May 16, 2025

#OilfieldServicesEquipment, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
CLB - Core Laboratories
Momentum signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $11.85
Daily change: -$0.02 (-0.17%)
Daily volume: 298.4K
Capitalization: $555.6M
Industry: Oilfield Services/Equipment

This indicator may be signaling that CLB'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 86 similar cases where CLB's Momentum Indicator fell below the 0 level, and 71 of them led to a successful outcome. Odds of Success: 83%.