Foghorn Therapeutics (FHTX, $5.1) entered Downtrend as Momentum indicator drops below 0 level on Feb 25, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MicroCap, #Russel2000
FHTX - Foghorn Therapeutics
Momentum signal
Bearish Trend
89%
Odds of DOWN Trend
Price: $5.1
Daily change: -$0.06 (-1.16%)
Daily volume: 184.4K
Capitalization: $283.6M
Industry: Biotechnology

This indicator may be signaling that FHTX'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 63 similar cases where FHTX's Momentum Indicator fell below the 0 level, and 56 of them led to a successful outcome. Odds of Success: 89%.