MTNB Stock Matinas BioPharma Holdings (MTNB, $0.16) Aroon Indicator entered a Downtrend on June 14, 2024.

A.I.dvisor
at Tickeron.com
06/15/24
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MTNB - Matinas BioPharma Holdings
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $0.1599
Daily change: -$0.0001 (-0.06%)
Daily volume: 673K
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that MTNB'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 MTNB, 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 302 similar cases, of which were successful. Based on this data, the odds of success are
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General Information

a manufacturer of pharmaceutical products

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Biotechnology
Address
1545 Route 206 South
Phone
+1 908 484-8805
Employees
32
Web
https://www.matinasbiopharma.com