NBY Stock NovaBay Pharmaceuticals (NBY, $2.33) entered Downtrend as Momentum indicator drops below 0 level on Jul 12, 2024

A.I.dvisor
at Tickeron.com
07/13/24
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NBY - NovaBay Pharmaceuticals
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $2.33
Daily change: +$0.1 (+4.48%)
Daily volume: 138.3K
Capitalization: $3.1M
Industry: Biotechnology
This indicator may be signaling that NBY's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 78 similar cases where NBY's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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NBY
 
Daily Signal changed days ago
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General Information

a manufacturer of pharmaceutical products

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Biotechnology
Address
2000 Powell Street
Phone
+1 510 899-8800
Employees
26
Web
https://www.novabay.com