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AFMD Stock Affimed (AFMD, $5.11) entered Downtrend as Momentum indicator drops below 0 level on Jul 25, 2024

A.I.dvisor
at Tickeron.com
07/26/24
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AFMD - Affimed NV
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $5.11
Daily change: -$0.01 (-0.2%)
Daily volume: 107.9K
Capitalization: $77.8M
Industry: Biotechnology
This indicator may be signaling that AFMD'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 86 similar cases where AFMD's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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AFMD
Daily Signalchanged days ago
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General Information

a developer of antibody-based therapeutic drugs

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Biotechnology
Address
Gottlieb-Daimler-Strabe 2
Phone
+49 621560030
Employees
78
Web
https://www.affimed.com