Tickeron detected bearish Stock Pattern: Triple Tops on April 24, 2024

A.I.dvisor
at Tickeron.com
04/25/24
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Triple Tops
AVNT - Avient Corp
Emerged: 04/24/24
Breakout: $41.84
Price: $43.26
Target price: $40.34
A.I.dvisor detected a bearish Triple Tops pattern for AVNT stock. This pattern was detected on April 24, 2024 . The odds of reaching the target price are 6. The Triple Tops pattern appears when there are three distinct minor Highs (1, 3, 5) at about the same price level. The security is testing the upper resistance level (horizontal line formed by (1, 3, 5). Consider selling the security short or buying a put option at a downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.
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AVNTDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a company, which engages in the business of thermoplastic compounds and specializes in polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions and polymer distribution

Industry ChemicalsSpecialty

Profile
Fundamentals
Details
Industry
N/A
Address
33587 Walker Road
Phone
+1 440 930-1000
Employees
9300
Web
https://www.avient.com