Affimed (AFMD, $0.69) entered Downtrend as Momentum indicator drops below 0 level on May 07, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #PennyStocks, #NanoCap
AFMD - Affimed NV
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $0.6937
Daily change: -$0.0963 (-12.19%)
Daily volume: 198K
Industry: Biotechnology

This indicator may be signaling that AFMD'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 80 similar cases where AFMD's Momentum Indicator fell below the 0 level, and 74 of them led to a successful outcome. Odds of Success: 90%.