Sandfire Resources America (SRAFF, $0.19) entered Downtrend as Momentum indicator drops below 0 level on Jan 07, 2025

#OtherMetalsMinerals, #TechnicalAnalysis, #Momentum, #Bearish, #OTCStocks, #MicroCap
SRAFF - Sandfire Resources America Inc.
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $0.194
Daily change: -$0.056 (-22.4%)
Daily volume: 303.5K
Capitalization: $182M
Industry: Other Metals/Minerals

This indicator may be signaling that SRAFF'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 229 similar cases where SRAFF's Momentum Indicator fell below the 0 level, and 209 of them led to a successful outcome. Odds of Success: 90%.