DNOW (DNOW, $16) Moving Average Convergence Divergence (MACD) Histogram turned negative on February 27, 2025

#TechnicalAnalysis, #MACD, #Bearish, #Stocks, #SmallCap, #Russel2000
DNOW - DNOW
MACD signal
Bearish Trend
66%
Odds of DOWN Trend
Price: $16
Daily change: -$0.12 (-0.74%)
Daily volume: 827.8K
Capitalization: $1.7B

This is a Bearish indicator signaling DNOW's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 47 similar cases where DNOW's MACD histogram became negative, and 31 of them led to successful outcomes. Odds of Success: 66%.