Morphic Holding (MORF, $28.07) Aroon Indicator entered a Downtrend on April 26, 2024.

A.I.dvisor
at Tickeron.com
04/27/24
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MORF - Morphic Holding
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $28.07
Daily change: +$0.09 (+0.32%)
Daily volume: 530.6K
Capitalization: $1.4B
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that MORF'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 MORF, 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 174 similar cases, of which were successful. Based on this data, the odds of success are
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MORFDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a biopharmaceutical company, which engages in the research and development of oral small-molecule integrin therapeutics.

Industry Biotechnology

Profile
Fundamentals
Details
Industry
N/A
Address
35 Gatehouse Drive, A2
Phone
+1 781 996-0955
Employees
121
Web
https://www.morphictx.com