Phathom Pharmaceuticals (PHAT, $5.06) entered Downtrend as Momentum indicator drops below 0 level on Mar 07, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
PHAT - Phathom Pharmaceuticals
Momentum signal
Bearish Trend
81%
Odds of DOWN Trend
Price: $5.06
Daily change: -$0.84 (-14.24%)
Daily volume: 1.8M
Capitalization: $352.4M
Industry: Biotechnology

This indicator may be signaling that PHAT'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 PHAT's Momentum Indicator fell below the 0 level, and 68 of them led to a successful outcome. Odds of Success: 81%.