89bio (ETNB, $8.26) Aroon Indicator entered a Downtrend on April 26, 2024.

A.I.dvisor
at Tickeron.com
04/27/24
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ETNB - 89bio
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $8.26
Daily change: +$0.01 (+0.12%)
Daily volume: 653.1K
Capitalization: $786.6M
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that ETNB's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for ETNB, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 196 similar cases, of which were successful. Based on this data, the odds of success are
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ETNBDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a clinical-stage biopharmaceutical company, which focuses on the development and commercialization of innovative therapies for nonalcoholic steatohepatitis (NASH), liver and cardio-metabolic diseases

Industry Biotechnology

Profile
Fundamentals
Details
Industry
N/A
Address
142 Sansome Street
Phone
+1 415 432-9270
Employees
70
Web
https://www.89bio.com