Sumitomo Metal Mining (SMMYY, $8.2) Moving Average Convergence Divergence (MACD) Histogram turned negative on April 17, 2024

A.I.dvisor
at Tickeron.com
04/18/24
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SMMYY - Sumitomo Metal Mining Co Ltd
MACD signal
Bearish Trend
Odds of DOWN Trend
MACD signal
Price: $8.2
Daily change: -$0.21 (-2.5%)
Daily volume: 206.5K
Capitalization: $9.1B
Industry: Other Metals/Minerals
This is a Bearish indicator signaling SMMYY's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 51 similar cases where SMMYY's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:
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SMMYYDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry OtherMetalsMinerals

Profile
Fundamentals
Details
Industry
N/A
Address
11-3, Shimbashi 5-chome
Phone
+81 334367705
Employees
7439
Web
http://www.smm.co.jp