Owens & Minor (OMI, $24.74) 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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OMI - Owens & Minor
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $24.74
Daily change: -$0.68 (-2.68%)
Daily volume: 921.1K
Capitalization: $1.9B
Industry: Medical Distributors
This indicator may be signaling that OMI'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 92 similar cases where OMI's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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OMIDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a distributor of medical and surgical products

Industry MedicalDistributors

Profile
Fundamentals
Details
Industry
Medical Distributors
Address
9120 Lockwood Boulevard
Phone
+1 804 723-7000
Employees
13700
Web
https://www.owens-minor.com