Tickeron detected bearish Stock Pattern: Broadening Wedge Descending EVCM on March 04, 2024, netting in a 10.85% gain over 1 month

A.I.dvisor
at Tickeron.com
03/16/24
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+10.85% Gain from a Successful pattern Broadening Wedge Descending
EVCM - EverCommerce
Ticker: EVCM
Company: EverCommerce
Gain from shortening: +10.85%
Confirmed: 03/04/24
Succeeded: 03/15/24
Total length: 31 days
On February 13, 2024, A.I.dvisor detected a Broadening Wedge Descending Pattern (Bearish) for EverCommerce (EVCM, $9.49). 20 days later, on March 04, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 15, 2024, the stock hit the target price of $8.64 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.
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EVCMDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
3601 Walnut Street
Phone
+1 720 647-4948
Employees
2100
Web
https://www.evercommerce.com