Axsome Therapeutics (AXSM, $108.14) entered Downtrend as Momentum indicator drops below 0 level on Jun 04, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap, #Russel2000
AXSM - Axsome Therapeutics
Momentum signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $108.14
Daily change: -$1.97 (-1.79%)
Daily volume: 434.7K
Capitalization: $5.3B
Industry: Biotechnology

This indicator may be signaling that AXSM'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 73 similar cases where AXSM's Momentum Indicator fell below the 0 level, and 60 of them led to a successful outcome. Odds of Success: 82%.