Cricut (CRCT, $5.48) entered Downtrend as Momentum indicator drops below 0 level on Feb 27, 2025

#ComputerPeripherals, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
CRCT - Cricut
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $5.48
Daily change: -$0.2 (-3.52%)
Daily volume: 353.8K
Capitalization: $1.2B
Industry: Computer Peripherals

This indicator may be signaling that CRCT'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 69 similar cases where CRCT's Momentum Indicator fell below the 0 level, and 62 of them led to a successful outcome. Odds of Success: 90%.