10x Genomics (TXG, $8.31) entered Downtrend as Momentum indicator drops below 0 level on Apr 24, 2025

#PackagedSoftware, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap
TXG - 10x Genomics
Momentum signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $8.31
Daily change: +$0.3 (+3.68%)
Daily volume: 5.8M
Capitalization: $1B
Industry: Packaged Software

This indicator may be signaling that TXG'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 94 similar cases where TXG's Momentum Indicator fell below the 0 level, and 77 of them led to a successful outcome. Odds of Success: 82%.