Coherent (COHR, $64.94) entered Downtrend as Momentum indicator drops below 0 level on Mar 31, 2025

#ElectronicEquipmentInstruments, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap
COHR - Coherent Corp
Momentum signal
Bearish Trend
89%
Odds of DOWN Trend
Price: $64.94
Daily change: -$0.79 (-1.2%)
Daily volume: 2.8M
Capitalization: $10.1B
Industry: Electronic Equipment/Instruments

This indicator may be signaling that COHR'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 80 similar cases where COHR's Momentum Indicator fell below the 0 level, and 71 of them led to a successful outcome. Odds of Success: 89%.