SBFM Stock Sunshine Biopharma (SBFM, $0.33) Aroon Indicator entered a Downtrend on June 14, 2024.

A.I.dvisor
at Tickeron.com
06/15/24
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SBFM - Sunshine Biopharma
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $0.33
Daily change: -$0.0629 (-16.01%)
Daily volume: 3.6M
Capitalization: $6.3M
Industry: Pharmaceuticals: Other
For the last three days, A.I.dvisor has detected that SBFM'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 SBFM, 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 293 similar cases, of which were successful. Based on this data, the odds of success are
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General Information

Industry PharmaceuticalsOther

Profile
Fundamentals
Details
Industry
N/A
Address
6500 Trans-Canada Highway
Phone
+1 514 426-6161
Employees
83
Web
https://www.sunshinebiopharma.com