VIZIO Holding (VZIO, $5.43) Aroon Indicator entered a Downtrend on November 02, 2023.

#ElectronicsAppliances, #TechnicalAnalysis, #AROON, #Bearish, #Stocks, #SmallCap, #Russel2000
VZIO - VIZIO Holding Corp
Aroon signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $5.43
Daily change: +$0.27 (+5.23%)
Daily volume: 628.9K
Capitalization: $1.1B
Industry: Electronics/Appliances

For the last three days, A.I.dvisor has detected that VZIO's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for VZIO, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 121 similar cases, 104 of which were successful. Based on this data, the odds of success are 86%.