Protagenic Therapeutics (PTIX, $0.24) entered Downtrend as Momentum indicator drops below 0 level on Apr 17, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #PennyStocks, #NanoCap
PTIX - Protagenic Therapeutics
Momentum signal
Bearish Trend
85%
Odds of DOWN Trend
Price: $0.2399
Daily change: -$0.0171 (-6.65%)
Daily volume: 216.6K
Capitalization: $1.8M
Industry: Biotechnology

This indicator may be signaling that PTIX'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 103 similar cases where PTIX's Momentum Indicator fell below the 0 level, and 88 of them led to a successful outcome. Odds of Success: 85%.