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AVDL Stock Avadel Pharmaceuticals plc (AVDL, $16.29) 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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AVDL - Avadel Pharmaceuticals plc
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $16.29
Daily change: -$0.01 (-0.06%)
Daily volume: 682.6K
Capitalization: $1.6B
Industry: Pharmaceuticals: Other
This indicator may be signaling that AVDL'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 94 similar cases where AVDL's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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AVDL
Daily Signalchanged days ago
Gain/Loss if shorted
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General Information

a manufacturer of pharmaceutical products

Industry PharmaceuticalsOther

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
10 Earlsfort Terrace
Phone
+353 19015201
Employees
154
Web
https://www.avadel.com