DOMO Stock Domo (DOMO, $6.62) entered Downtrend as Momentum indicator drops below 0 level on Jun 14, 2024

A.I.dvisor
at Tickeron.com
06/15/24
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DOMO - Domo
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $6.62
Daily change: +$0.03 (+0.46%)
Daily volume: 256K
Capitalization: $252.7M
Industry: Packaged Software
This indicator may be signaling that DOMO'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 88 similar cases where DOMO's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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General Information

a developer of business management software solutions

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Packaged Software
Address
802 East 1050 South
Phone
+1 801 899-1000
Employees
958
Web
https://www.domo.com