89bio (ETNB, $9.62) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 12, 2025

#Biotechnology, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #SmallCap, #Russel2000
ETNB - 89bio
MACD signal
Bearish Trend
79%
Odds of DOWN Trend
Price: $9.62
Daily change: -$0.42 (-4.18%)
Daily volume: 4.5M
Capitalization: $1.4B
Industry: Biotechnology

This is a Bearish indicator signaling ETNB's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 43 similar cases where ETNB's MACD histogram became negative, and 34 of them led to successful outcomes. Odds of Success: 79%.