MENU

GBTG Stock Tickeron detected bearish Stock Pattern: Three Falling Peaks GBTG on July 01, 2024, netting in a 8.22% gain over 1 month

A.I.dvisor
at Tickeron.com
08/07/24
Loading...
+8.22% Gain from a Successful pattern Three Falling Peaks
GBTG - Global Business Travel Group
Ticker: GBTG
Company: Global Business Travel Group
Gain from shortening: +8.22%
Confirmed: 07/01/24
Succeeded: 08/05/24
Total length: 39 days
On June 27, 2024, A.I.dvisor detected a Three Falling Peaks Pattern (Bearish) for Global Business Travel Group (GBTG, $6.57). 4 days later, on July 01, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On August 05, 2024, the stock hit the target price of $6.09 – resulting in a gain for traders who shorted the stock on the pattern detection date.

GBTG in -1.69% downward trend, falling for three consecutive days on September 06, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where GBTG declined for three days, in of 184 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart
Show more
View a ticker or compare two or three
GBTG
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
666 3rd Avenue
Phone
+1 212 679-1600
Employees
19000
Web
https://www.amexglobalbusinesstravel.com