Rave Restaurant Group (RAVE, $2.05) 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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RAVE - Rave Restaurant Group
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $2.0452
Daily change: -$0.0248 (-1.2%)
Daily volume: 20.9K
Capitalization: $29.8M
Industry: Restaurants
This indicator may be signaling that RAVE'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 112 similar cases where RAVE's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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RAVEDaily Signal changed days agoGain/Loss if shorted
 
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A.I. Advisor
published General Information

General Information

an operator of restaurants

Industry Restaurants

Profile
Fundamentals
Details
Industry
Restaurants
Address
3551 Plano Parkway
Phone
+1 469 384-5000
Employees
25
Web
https://www.raverg.com