Arbutus Biopharma (ABUS, $3.23) entered Downtrend as Momentum indicator drops below 0 level on Apr 04, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
ABUS - Arbutus Biopharma Corp
Momentum signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $3.23
Daily change: -$0.28 (-7.98%)
Daily volume: 1.5M
Capitalization: $618.5M
Industry: Biotechnology

This indicator may be signaling that ABUS'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 77 similar cases where ABUS's Momentum Indicator fell below the 0 level, and 63 of them led to a successful outcome. Odds of Success: 82%.