TRUE Stock TrueCar (TRUE, $2.87) entered Downtrend as Momentum indicator drops below 0 level on May 16, 2024

A.I.dvisor
at Tickeron.com
05/17/24
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TRUE - TrueCar
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $2.87
Daily change: +$0.02 (+0.7%)
Daily volume: 123K
Capitalization: $263.1M
Industry: Internet Software/Services
This indicator may be signaling that TRUE'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 96 similar cases where TRUE's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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TRUEDaily Signal changed days agoGain/Loss if shorted
 
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A.I.Advisor
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A.I. Advisor
published General Information

General Information

a provider of automotive pricing information through online

Industry InternetSoftwareServices

Profile
Fundamentals
Details
Industry
Internet Software Or Services
Address
1401 Ocean Avenue
Phone
+1 800 200-2000
Employees
441
Web
https://www.truecar.com