Marine Products (MPX, $9.8) Moving Average Convergence Divergence (MACD) Histogram turned negative on December 3, 2024

#RecreationalProducts, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #SmallCap, #Russel2000
MPX - Marine Products Corp
MACD signal
Bearish Trend
69%
Odds of DOWN Trend
Price: $9.8
Daily change: -$0.24 (-2.39%)
Daily volume: 16.5K
Industry: Recreational Products

This is a Bearish indicator signaling MPX's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 48 similar cases where MPX's MACD histogram became negative, and 33 of them led to successful outcomes. Odds of Success: 69%.