Ramaco Resources (METC, $9.64) entered Downtrend as Momentum indicator drops below 0 level on Feb 19, 2025

#Coal, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
METC - Ramaco Resources
Momentum signal
Bearish Trend
80%
Odds of DOWN Trend
Price: $9.64
Daily change: -$0.06 (-0.62%)
Daily volume: 641.3K
Industry: Coal

This indicator may be signaling that METC'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 86 similar cases where METC's Momentum Indicator fell below the 0 level, and 69 of them led to a successful outcome. Odds of Success: 80%.