Biomerica (BMRA, $0.6) Aroon Indicator entered a Downtrend on May 02, 2024.

A.I.dvisor
at Tickeron.com
05/03/24
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BMRA - Biomerica
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $0.6
Daily change: -$0.0301 (-4.78%)
Daily volume: 153.7K
Capitalization: $10.1M
Industry: Medical Specialties
For the last three days, A.I.dvisor has detected that BMRA'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 BMRA, 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 211 similar cases, of which were successful. Based on this data, the odds of success are
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BMRADaily Signal changed days agoGain/Loss if shorted
 
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General Information

a maker of medical diagnostic products

Industry MedicalSpecialties

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
17571 Von Karman Avenue
Phone
+1 949 645-2111
Employees
62
Web
https://www.biomerica.com