Ocular Therapeutix (OCUL, $4.8) Aroon Indicator entered a Downtrend on April 29, 2024.

A.I.dvisor
at Tickeron.com
04/30/24
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OCUL - Ocular Therapeutix
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $4.8
Daily change: +$0.06 (+1.16%)
Daily volume: 3.8M
Capitalization: $713.4M
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that OCUL'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 OCUL, 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 210 similar cases, of which were successful. Based on this data, the odds of success are
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OCULDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a developer of therapies for diseases and conditions of the eye using its proprietary hydrogel platform technology

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Pharmaceuticals Other
Address
15 Crosby Drive
Phone
+1 781 357-4000
Employees
267
Web
https://www.ocutx.com