Pharming Group (PHAR, $8.8) entered Downtrend as Momentum indicator drops below 0 level on Mar 17, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap
PHAR - Pharming Group NV
Momentum signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $8.8
Daily change: -$0.15 (-1.72%)
Daily volume: 11.6K
Capitalization: $582M
Industry: Biotechnology

This indicator may be signaling that PHAR'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 99 similar cases where PHAR's Momentum Indicator fell below the 0 level, and 82 of them led to a successful outcome. Odds of Success: 83%.