NGM Biopharmaceuticals (NGM, $1.56) entered Downtrend as Momentum indicator drops below 0 level on Apr 01, 2024

A.I.dvisor
at Tickeron.com
04/02/24
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NGM - NGM Biopharmaceuticals
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $1.56
Daily change: -$0.03 (-1.89%)
Daily volume: 1.3M
Industry: Biotechnology
This indicator may be signaling that NGM'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 86 similar cases where NGM's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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NGMDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a developer of transformational biologics for the treatment of cardio-metabolic conditions

Industry Biotechnology

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Biotechnology
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