Altimmune (ALT, $5.97) Aroon Indicator entered a Downtrend on March 17, 2025.

#Biotechnology, #TechnicalAnalysis, #AROON, #Bearish, #Stocks, #SmallCap, #Russel2000
ALT - Altimmune
Aroon signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $5.97
Daily change: +$0.05 (+0.84%)
Daily volume: 5.9M
Capitalization: $455.9M
Industry: Biotechnology

For the last three days, A.I.dvisor has detected that ALT's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for ALT, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 279 similar cases, 251 of which were successful. Based on this data, the odds of success are 90%.