Mercer International (MERC, $7.01) entered Downtrend as Momentum indicator drops below 0 level on Mar 07, 2025

#PulpPaper, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap
MERC - Mercer International
Momentum signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $7.01
Daily change: -$0.37 (-5.01%)
Daily volume: 538K
Capitalization: $468.8M
Industry: Pulp & Paper

This indicator may be signaling that MERC'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 84 similar cases where MERC's Momentum Indicator fell below the 0 level, and 70 of them led to a successful outcome. Odds of Success: 83%.