Mativ Holdings (MATV, $17.84) 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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MATV - Mativ Holdings
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $17.84
Daily change: -$0.5 (-2.73%)
Daily volume: 251.5K
Capitalization: $968.7M
Industry: Chemicals: Specialty
This indicator may be signaling that MATV'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 89 similar cases where MATV's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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MATVDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of specialty paper and tobacco products

Industry ChemicalsSpecialty

Profile
Fundamentals
Details
Industry
Pulp And Paper
Address
100 Kimball Pl
Phone
+1 770 569-4229
Employees
5400
Web
https://www.mativ.com