Ambac Financial Group (AMBC, $8.25) entered Downtrend as Momentum indicator drops below 0 level on Apr 01, 2025

#SpecialtyInsurance, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
AMBC - Ambac Financial Group
Momentum signal
Bearish Trend
84%
Odds of DOWN Trend
Momentum signal
Price: $8.25
Daily change: -$0.5 (-5.71%)
Daily volume: 1.6M
Capitalization: $381.5M
Industry: Specialty Insurance

This indicator may be signaling that AMBC'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 83 similar cases where AMBC's Momentum Indicator fell below the 0 level, and 70 of them led to a successful outcome. Odds of Success: 84%.