Nexxen International (NEXN, $5.41) entered Downtrend as Momentum indicator drops below 0 level on Apr 30, 2024

A.I.dvisor
at Tickeron.com
05/01/24
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NEXN - Nexxen International Ltd
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $5.41
Daily change: -$0.37 (-6.4%)
Daily volume: 62K
Capitalization: $399.1M
Industry: Advertising/Marketing Services
This indicator may be signaling that NEXN'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 70 similar cases where NEXN's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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NEXNDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a provider of online digital video advertising networking services

Industry AdvertisingMarketingServices

Profile
Fundamentals
Details
Industry
Information Technology Services
Address
82 Yigal Alon Street
Phone
+972 35453900
Employees
895
Web
https://www.tremorinternational.com