CLGN Stock Tickeron detected bearish Stock Pattern: Broadening Wedge Descending CLGN on March 26, 2025, netting in a 28.65% gain over 1 month

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+28.65% Gain from a Successful pattern Broadening Wedge Descending

CLGN - CollPlant Biotechnologies Ltd

Ticker: CLGN

Company: CollPlant Biotechnologies

Gain from shorting: +28.65%

Confirmed: 03/26/25

Succeeded: 05/06/25

Total length: 41 days

On March 26, 2025, A.I.dvisor detected a Broadening Wedge Descending Pattern (Bearish) for CollPlant Biotechnologies Ltd (CLGN, $2.71). On March 26, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On May 06, 2025, the stock hit the target price of $1.90 – resulting in a +2 gain for traders who shorted the stock on the pattern detection date.

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General Information

a developer of medical devices

Industry Biotechnology

Profile

Fundamentals

Details

Industry

Biotechnology

Address

4 Oppenheimer Street

Phone

+972 732325600

Employees

Web

https://www.collplant.com