Atea Pharmaceuticals (AVIR, $3.06) entered Downtrend as Momentum indicator drops below 0 level on Feb 27, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MicroCap, #Russel2000
AVIR - Atea Pharmaceuticals
Momentum signal
Bearish Trend
81%
Odds of DOWN Trend
Price: $3.06
Daily change: -$0.1 (-3.16%)
Daily volume: 449.6K
Capitalization: $258.5M
Industry: Biotechnology

This indicator may be signaling that AVIR'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 72 similar cases where AVIR's Momentum Indicator fell below the 0 level, and 58 of them led to a successful outcome. Odds of Success: 81%.