Cidara Therapeutics (CDTX, $19.7) entered Downtrend as Momentum indicator drops below 0 level on May 06, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MicroCap
CDTX - Cidara Therapeutics
Momentum signal
Bearish Trend
89%
Odds of DOWN Trend
Price: $19.7
Daily change: -$1.81 (-8.4%)
Daily volume: 56.9K
Capitalization: $247.1M
Industry: Biotechnology

This indicator may be signaling that CDTX'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 96 similar cases where CDTX's Momentum Indicator fell below the 0 level, and 85 of them led to a successful outcome. Odds of Success: 89%.