Mustang Bio (MBIO, $0.26) Aroon Indicator entered a Downtrend on May 01, 2024.

A.I.dvisor
at Tickeron.com
05/02/24
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MBIO - Mustang Bio
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $0.2601
Daily change: +$0.0121 (+4.88%)
Daily volume: 239.8K
Capitalization: $2.7M
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that MBIO'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 MBIO, 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 372 similar cases, of which were successful. Based on this data, the odds of success are
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MBIODaily Signal changed days agoGain/Loss if shorted
 
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General Information

a clinical-stage biopharmaceutical company which develops novel immunotherapy''s

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Pharmaceuticals Major
Address
377 Plantation Street
Phone
+1 781 652-4500
Employees
80
Web
https://www.mustangbio.com