Allot (ALLT, $2.16) entered Downtrend as Momentum indicator drops below 0 level on Mar 25, 2024

A.I.dvisor
at Tickeron.com
03/26/24
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ALLT - Allot Ltd
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $2.16
Daily change: -$0.05 (-2.26%)
Daily volume: 176.3K
Capitalization: $82.6M
Industry: Packaged Software
This indicator may be signaling that ALLT'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 97 similar cases where ALLT's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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ALLTDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a developer of network traffic management software and solutions

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Computer Communications
Address
22 Hanagar Street
Phone
+972 97619200
Employees
749
Web
https://www.allot.com