Qilian International Holding Group (BGM, $7.04) Aroon Indicator entered a Downtrend on November 25, 2024.

#TechnicalAnalysis, #AROON, #Bearish, #ETFs
BGM - Qilian International Holding Group Ltd
Aroon signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $7.04
Daily change: +$0.04 (+0.57%)
Daily volume: 10.5K

For the last three days, A.I.dvisor has detected that BGM'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 BGM, 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 258 similar cases, 249 of which were successful. Based on this data, the odds of success are 90%.