DRRX Stock DURECT (DRRX, $1.49) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 20, 2024

A.I.dvisor
at Tickeron.com
06/21/24
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DRRX - DURECT Corp
MACD signal
Bearish Trend
Odds of DOWN Trend
MACD signal
Price: $1.49
Daily change: -$0.1 (-6.29%)
Daily volume: 101.4K
Industry: Pharmaceuticals: Other
This is a Bearish indicator signaling DRRX's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 54 similar cases where DRRX's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:
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General Information

a developer of pharmaceutical products for pain and chronic diseases

Industry PharmaceuticalsOther

Profile
Fundamentals
Details
Industry
Pharmaceuticals Other
Address
10260 Bubb Road
Phone
+1 408 777-1417
Employees
79
Web
https://www.durect.com