RMNI Stock Rimini Street (RMNI, $2.42) Aroon Indicator entered a Downtrend on May 15, 2024.

A.I.dvisor
at Tickeron.com
05/16/24
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RMNI - Rimini Street
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $2.42
Daily change: +$0.05 (+2.11%)
Daily volume: 187.4K
Industry: Packaged Software
For the last three days, A.I.dvisor has detected that RMNI'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 RMNI, 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 225 similar cases, of which were successful. Based on this data, the odds of success are
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RMNIDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a provider of enterprise software support and maintenance services

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Packaged Software
Address
1700 South Pavilion Center Drive
Phone
+1 702 839-9671
Employees
2120
Web
https://www.riministreet.com