Identiv (INVE, $5.04) Aroon Indicator entered a Downtrend on April 30, 2024.

A.I.dvisor
at Tickeron.com
05/01/24
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INVE - Identiv
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $5.04
Daily change: -$0.09 (-1.75%)
Daily volume: 112.4K
Capitalization: $117.6M
Industry: Computer Peripherals
For the last three days, A.I.dvisor has detected that INVE's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for INVE, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 185 similar cases, of which were successful. Based on this data, the odds of success are
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INVEDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of ID and security systems

Industry ComputerPeripherals

Profile
Fundamentals
Details
Industry
Electronic Equipment Or Instruments
Address
2201 Walnut Avenue
Phone
+1 949 250-8888
Employees
394
Web
https://www.identiv.com