DRQ Stock Dril-Quip (DRQ, $18.09) entered Downtrend as Momentum indicator drops below 0 level on Jun 13, 2024

A.I.dvisor
at Tickeron.com
06/14/24
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DRQ - Dril-Quip
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $18.09
Daily change: -$0.41 (-2.22%)
Daily volume: 181.7K
Capitalization: $622.7M
Industry: Oilfield Services/Equipment
This indicator may be signaling that DRQ'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 92 similar cases where DRQ's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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A.I. Advisor
published General Information

General Information

a manufacturer of engineered offshore drilling and production equipment

Industry OilfieldServicesEquipment

Profile
Fundamentals
Details
Industry
Oilfield Services Or Equipment
Address
2050 West Sam Houston Parkway South
Phone
+1 713 939-7711
Employees
1659
Web
https://www.dril-quip.com