GLMD Stock Galmed Pharmaceuticals (GLMD, $0.36) 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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GLMD - Galmed Pharmaceuticals Ltd
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $0.36
Daily change: $0 (0%)
Daily volume: 15.9K
Capitalization: $2.3M
Industry: Biotechnology
This indicator may be signaling that GLMD'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 GLMD's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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General Information

a manufacturer of pharmaceutical products

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Pharmaceuticals Other
Address
16 Tiomkin Street
Phone
+972 36938448
Employees
10
Web
https://www.galmedpharma.com