Coherent (COHR, $56.51) was a top quarterly gainer, rising +15.02%. Expect an Uptrend reversal

A.I.dvisor
at Tickeron.com
05/04/24
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COHR - Coherent Corp
3-month gain
Bearish Trend
Odds of DOWN Trend

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Price: $56.51
Daily change: +$1.15 (+2.08%)
Daily volume: 1.4M
3-month price change: +$7.38 (+15.02%)
Capitalization: $8.6B
Industry: Electronic Equipment/Instruments
Coherent (COHR, $56.51) was one of top quarterly gainers, jumping +1 to $56.51 per share. A.I.dvisor analyzed 71 stocks in the Electronic Equipment/Instruments Industry over the last three months, and discovered that of them (7) charted an Uptrend while of them (2) trended down. A.I.dvisor found 299 similar cases when COHR's price went up within three months. In out of those 299 cases, COHR's price went down during the following month. Based on these historical data, A.I. thinks the odds of an Uptrend reversal for COHR are
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General Information

a maker of laser diodes and other laser equipment

Industry ElectronicEquipmentInstruments

Profile
Fundamentals
Details
Industry
Electronic Equipment Or Instruments
Address
375 Saxonburg Boulevard
Phone
+1 724 352-4455
Employees
26622
Web
https://www.ii-vi.com