DESP Stock Despegar.com (DESP, $12.5) entered Downtrend as Momentum indicator drops below 0 level on Jul 19, 2024

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07/20/24

DESP - Despegar.com Corp

Momentum signal

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Odds of DOWN Trend

Price: $12.5

Daily change: -$0.32 (-2.5%)

Daily volume: 823.4K

Capitalization: $900.7M

Industry: Other Consumer Services

This indicator may be signaling that DESP'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 89 similar cases where DESP's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:

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