IT Tech Packaging (ITP, $0.23) entered Downtrend as Momentum indicator drops below 0 level on May 02, 2024

A.I.dvisor
at Tickeron.com
05/03/24
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ITP - IT Tech Packaging
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $0.2322
Daily change: +$0.0014 (+0.61%)
Daily volume: 55.9K
Capitalization: $2.3M
Industry: Pulp & Paper
This indicator may be signaling that ITP'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 91 similar cases where ITP's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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ITPDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a producer of packages and cultural papers

Industry PulpPaper

Profile
Fundamentals
Details
Industry
Pulp And Paper
Address
Science Park, Juli Road
Phone
+86 3128698215
Employees
383
Web
https://www.itpackaging.cn