Innodata (INOD, $5.69) entered Downtrend as Momentum indicator drops below 0 level on Apr 25, 2024

A.I.dvisor
at Tickeron.com
04/26/24
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INOD - Innodata
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $5.69
Daily change: -$0.64 (-10.11%)
Daily volume: 628K
Capitalization: $163.6M
Industry: Information Technology Services
This indicator may be signaling that INOD'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 97 similar cases where INOD's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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INODDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a provider of business process, information technology and professional services

Industry InformationTechnologyServices

Profile
Fundamentals
Details
Industry
Data Processing Services
Address
55 Challenger Road
Phone
+1 201 371-8000
Employees
4325
Web
https://www.innodata.com