ACNT Stock Tickeron detected bearish Stock Pattern: Triangle Ascending ACNT on June 25, 2024, netting in a 10.69% gain over 1 month

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07/03/24

+10.69% Gain from a Successful pattern Triangle Ascending

ACNT - Ascent Industries Co

Ticker: ACNT

Company: Ascent Industries

Gain from shortening: +10.69%

Confirmed: 06/25/24

Succeeded: 07/02/24

Total length: 39 days

On May 24, 2024, A.I.dvisor detected a Triangle Ascending Pattern (Bearish) for Ascent Industries Co (ACNT, $10.25). 32 days later, on June 25, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 02, 2024, the stock hit the target price of $9.19 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

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published General Information

General Information

a manufacturer of welded stainless steel pipe and specialty chemicals

Industry Steel

Profile

Fundamentals

Details

Industry

Miscellaneous Manufacturing

Address

1400 16th Street

Phone

+1 603 884-9181

Employees

517

Web

https://www.ascentco.com