TELA Stock TELA Bio (TELA, $5.62) Moving Average Convergence Divergence (MACD) Histogram turned negative on May 30, 2024

A.I.dvisor
at Tickeron.com
05/31/24
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TELA - TELA Bio
MACD signal
Bearish Trend
Odds of DOWN Trend
MACD signal
Price: $5.62
Daily change: -$0.21 (-3.6%)
Daily volume: 36.8K
Capitalization: $138.6M
Industry: Medical Specialties
This is a Bearish indicator signaling TELA's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 43 similar cases where TELA's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:
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General Information

a commercial stage medical technology company, which focuses on designing, developing and marketing of tissue reinforcement materials to address unmet needs in soft tissue reconstruction.

Industry MedicalSpecialties

Profile
Fundamentals
Details
Industry
N/A
Address
1 Great Valley Parkway
Phone
+1 484 320-2930
Employees
227
Web
https://www.telabio.com