Resideo Technologies (REZI, $16.1) entered Downtrend as Momentum indicator drops below 0 level on Apr 24, 2025

#TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap, #Russel2000
REZI - Resideo Technologies
Momentum signal
Bearish Trend
81%
Odds of DOWN Trend
Price: $16.1
Daily change: +$0.68 (+4.41%)
Daily volume: 1.3M
Capitalization: $2.4B

This indicator may be signaling that REZI'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 89 similar cases where REZI's Momentum Indicator fell below the 0 level, and 72 of them led to a successful outcome. Odds of Success: 81%.