OPENLANE (KAR, $16.99) entered Downtrend as Momentum indicator drops below 0 level on Apr 19, 2024

A.I.dvisor
at Tickeron.com
04/20/24
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KAR - OPENLANE
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $16.99
Daily change: -$0.09 (-0.53%)
Daily volume: 1.1M
Capitalization: $1.8B
Industry: Specialty Stores
This indicator may be signaling that KAR'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 KAR's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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KARDaily Signal changed days agoGain/Loss if shorted
 
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A.I.Advisor
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A.I. Advisor
published General Information

General Information

an operator of whole car and salvage, financing, remarketing, technology, inspection, repair and auction services

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
Miscellaneous Commercial Services
Address
11299 North Illinois Street
Phone
+1 800 923-3725
Employees
4500
Web
https://corporate.openlane.com