Applied Optoelectronics (AAOI, $16.38) entered Downtrend as Momentum indicator drops below 0 level on Mar 28, 2025

#TelecommunicationsEquipment, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap
AAOI - Applied Optoelectronics
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $16.38
Daily change: -$1.4 (-7.87%)
Daily volume: 3.5M
Capitalization: $823.1M
Industry: Telecommunications Equipment

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