HLIT Stock Harmonic (HLIT, $11.49) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 7, 2024

A.I.dvisor
at Tickeron.com
06/08/24
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HLIT - Harmonic
MACD signal
Bearish Trend
Odds of DOWN Trend
MACD signal
Price: $11.49
Daily change: -$0.23 (-1.96%)
Daily volume: 633.9K
Capitalization: $1.3B
Industry: Telecommunications Equipment
This is a Bearish indicator signaling HLIT's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 39 similar cases where HLIT's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:
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General Information

a manufacturer of versatile video solutions

Industry TelecommunicationsEquipment

Profile
Fundamentals
Details
Industry
Telecommunications Equipment
Address
2590 Orchard Parkway
Phone
+1 408 542-2500
Employees
1359
Web
https://www.harmonicinc.com