Manitex International (MNTX, $5.73) entered Downtrend as Momentum indicator drops below 0 level on Dec 19, 2024

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MNTX - Manitex International
Momentum signal
Bearish Trend
84%
Odds of DOWN Trend
Price: $5.73
Daily change: -$0.01 (-0.17%)
Daily volume: 90.2K
Capitalization: $116.9M
Industry: Trucks/Construction/Farm Machinery

This indicator may be signaling that MNTX'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 102 similar cases where MNTX's Momentum Indicator fell below the 0 level, and 86 of them led to a successful outcome. Odds of Success: 84%.