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CNXT Stock VanEck ChiNext ETF (CNXT, $21.1) 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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CNXT - VanEck ChiNext ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $21.1
Daily change: +$0.01 (+0.03%)
Daily volume: 1.3K
Net Assets: $13.7M
This indicator may be signaling that CNXT'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 78 similar cases where CNXT's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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CNXT
Daily Signalchanged days ago
Gain/Loss if shorted
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