ALT Stock Altimmune (ALT, $5.92) Aroon Indicator entered a Downtrend on June 17, 2024.

A.I.dvisor
at Tickeron.com
06/18/24
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ALT - Altimmune
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $5.92
Daily change: -$0.19 (-3.11%)
Daily volume: 3.3M
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that ALT'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 ALT, 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 294 similar cases, of which were successful. Based on this data, the odds of success are
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General Information

a developer of biopharmaceuticals

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Miscellaneous Commercial Services
Address
910 Clopper Road
Phone
+1 240 654-1450
Employees
59
Web
https://www.altimmune.com