Adagene (ADAG, $2.55) Aroon Indicator entered a Downtrend on March 27, 2024.

A.I.dvisor
at Tickeron.com
03/28/24
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ADAG - Adagene
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $2.55
Daily change: +$0.04 (+1.59%)
Daily volume: 6.2K
Capitalization: $112.5M
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that ADAG'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 ADAG, 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 195 similar cases, of which were successful. Based on this data, the odds of success are
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General Information

Industry Biotechnology

Profile
Fundamentals
Details
Industry
N/A
Address
Xinghu Street, Suzhou Industrial Park
Phone
+86 51287773632
Employees
248
Web
https://www.adagene.com