23andMe Holding (ME, $3.1) entered Downtrend as Momentum indicator drops below 0 level on Jan 31, 2025

#MedicalSpecialties, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MicroCap, #Russel2000
ME - 23andMe Holding Co
Momentum signal
Bearish Trend
88%
Odds of DOWN Trend
Price: $3.1
Daily change: -$0.31 (-9.09%)
Daily volume: 272.8K
Capitalization: $82.9M
Industry: Medical Specialties

This indicator may be signaling that ME'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 82 similar cases where ME's Momentum Indicator fell below the 0 level, and 72 of them led to a successful outcome. Odds of Success: 88%.