4D Molecular Therapeutics (FDMT, $4.48) entered Downtrend as Momentum indicator drops below 0 level on Feb 27, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MicroCap, #Russel2000
FDMT - 4D Molecular Therapeutics
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $4.48
Daily change: -$0.32 (-6.67%)
Daily volume: 503.6K
Capitalization: $207.3M
Industry: Biotechnology

This indicator may be signaling that FDMT'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 71 similar cases where FDMT's Momentum Indicator fell below the 0 level, and 64 of them led to a successful outcome. Odds of Success: 90%.