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LRMR Stock Larimar Therapeutics (LRMR, $9.42) entered Downtrend as Momentum indicator drops below 0 level on Jul 25, 2024

A.I.dvisor
at Tickeron.com
07/26/24
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LRMR - Larimar Therapeutics
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $9.42
Daily change: -$0.07 (-0.74%)
Daily volume: 312K
Capitalization: $601M
Industry: Biotechnology
This indicator may be signaling that LRMR'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 98 similar cases where LRMR's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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LRMR
Daily Signalchanged days ago
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General Information

a clinical-stage biopharmaceutical company, which engages in the research and development of a therapeutic treatment for mitochondrial disorders and Friedreich's ataxia

Industry Biotechnology

Profile
Fundamentals
Details
Industry
N/A
Address
Three Bala Plaza East
Phone
+1 844 511-9056
Employees
42
Web
https://www.larimartx.com