Establishment Labs Holdings (ESTA, $29.79) entered Downtrend as Momentum indicator drops below 0 level on Apr 24, 2025

#MedicalSpecialties, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap
ESTA - Establishment Labs Holdings
Momentum signal
Bearish Trend
81%
Odds of DOWN Trend
Price: $29.79
Daily change: +$0.01 (+0.03%)
Daily volume: 414.2K
Capitalization: $861.2M
Industry: Medical Specialties

This indicator may be signaling that ESTA'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 107 similar cases where ESTA's Momentum Indicator fell below the 0 level, and 87 of them led to a successful outcome. Odds of Success: 81%.