CVR Energy (CVI, $17.71) entered Downtrend as Momentum indicator drops below 0 level on Mar 03, 2025

#OilRefiningMarketing, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap, #Russel2000
CVI - CVR Energy
Momentum signal
Bearish Trend
84%
Odds of DOWN Trend
Price: $17.71
Daily change: -$0.71 (-3.85%)
Daily volume: 1.4M
Industry: Oil Refining/Marketing

This indicator may be signaling that CVI'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 93 similar cases where CVI's Momentum Indicator fell below the 0 level, and 78 of them led to a successful outcome. Odds of Success: 84%.