MultiPlan (MPLN, $0.65) Aroon Indicator entered a Downtrend on April 30, 2024.

A.I.dvisor
at Tickeron.com
05/01/24
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MPLN - MultiPlan Corp
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $0.6498
Daily change: -$0.0151 (-2.27%)
Daily volume: 2M
Capitalization: $426.1M
Industry: Packaged Software
For the last three days, A.I.dvisor has detected that MPLN'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 MPLN, 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 231 similar cases, of which were successful. Based on this data, the odds of success are
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MPLNDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
115 Fifth Avenue
Phone
+1 212 780-2000
Employees
2800
Web
https://www.multiplan.us