COHR Stock Coherent (COHR, $70.43) soared +17.91% and reached a 3-month high. Expect an Uptrend reversal

A.I.dvisor
at Tickeron.com
06/13/24
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COHR - Coherent Corp
3-month jump
Bearish Trend
Odds of DOWN Trend

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Price: $70.43
Daily change: +$3.54 (+5.29%)
Daily volume: 2.9M
3-month price change: +$10.7 (+17.91%)
Capitalization: $10.7B
Industry: Electronic Equipment/Instruments
Coherent (COHR, $70.43) gained +1 and reached a new high over the last three months. By comparison, the broader Electronic Equipment/Instruments Industry returned over the same period of time. A.I.dvisor analyzed 69 stocks in the Electronic Equipment/Instruments Industry over the same period of time and found that of them (4) were in an Uptrend while of them (5) showed a Downtrend. 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 next month. Based on these historical data, A.I. thinks the odds of an Uptrend reversal for COHR are
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A.I.Advisor
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A.I. Advisor
published General Information

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