Apellis Pharmaceuticals (APLS, $24.41) entered Downtrend as Momentum indicator drops below 0 level on Mar 18, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap
APLS - Apellis Pharmaceuticals
Momentum signal
Bearish Trend
84%
Odds of DOWN Trend
Price: $24.41
Daily change: -$0.7 (-2.79%)
Daily volume: 1.7M
Capitalization: $3.1B
Industry: Biotechnology

This indicator may be signaling that APLS'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 91 similar cases where APLS's Momentum Indicator fell below the 0 level, and 76 of them led to a successful outcome. Odds of Success: 84%.