MGNX Stock MacroGenics (MGNX, $5.48) Aroon Indicator entered an Uptrend on July 25, 2024.

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07/26/24

MGNX - MacroGenics

Aroon signal

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Odds of UP Trend

Price: $5.48

Daily change: +$0.23 (+4.38%)

Daily volume: 587.6K

Capitalization: $343.2M

Industry: Biotechnology

Over the last three days, A.I.dvisor has detected that MGNX's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. A.I.dvisor backtested this indicator and found 180 similar cases, of which were successful. Based on this data, the odds of success are

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