ContextLogic (LOGC, $7.81) entered Downtrend as Momentum indicator drops below 0 level on Mar 05, 2025

#InternetRetail, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MicroCap
LOGC - ContextLogic Inc.
Momentum signal
Bearish Trend
88%
Odds of DOWN Trend
Price: $7.81
Daily change: -$0.2 (-2.5%)
Daily volume: 299.9K
Capitalization: $205.5M
Industry: Internet Retail

This indicator may be signaling that LOGC'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 94 similar cases where LOGC's Momentum Indicator fell below the 0 level, and 83 of them led to a successful outcome. Odds of Success: 88%.