Mersana Therapeutics (MRSN, $2.94) Aroon Indicator entered a Downtrend on April 26, 2024.

A.I.dvisor
at Tickeron.com
04/27/24
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MRSN - Mersana Therapeutics
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $2.94
Daily change: +$0.09 (+3.16%)
Daily volume: 858.6K
Capitalization: $356.6M
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that MRSN'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 MRSN, 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 232 similar cases, of which were successful. Based on this data, the odds of success are
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MRSNDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a developer of antibody drug conjugates to improve patient outcomes in multiple oncology indications

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Biotechnology
Address
840 Memorial Drive
Phone
+1 617 498-0020
Employees
123
Web
https://www.mersana.com