Biolase (BIOL, $0.15) Aroon Indicator entered a Downtrend on April 29, 2024.

A.I.dvisor
at Tickeron.com
04/30/24
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BIOL - Biolase
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $0.1515
Daily change: +$0.0035 (+2.36%)
Daily volume: 575.5K
Capitalization: $5M
Industry: Medical Specialties
For the last three days, A.I.dvisor has detected that BIOL'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 BIOL, 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 394 similar cases, of which were successful. Based on this data, the odds of success are
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BIOLDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of laser systems

Industry MedicalSpecialties

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
27042 Towne Centre Drive
Phone
+1 949 361-1200
Employees
157
Web
https://www.biolase.com