Trevena (TRVN, $0.38) entered Downtrend as Momentum indicator drops below 0 level on May 01, 2024

A.I.dvisor
at Tickeron.com
05/02/24
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TRVN - Trevena
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $0.3838
Daily change: -$0.0162 (-4.05%)
Daily volume: 38.2K
Capitalization: $7M
Industry: Biotechnology
This indicator may be signaling that TRVN'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 78 similar cases where TRVN's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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TRVNDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a clinical stage biopharmaceutical company that discovers, develops and intends to commercialize therapeutics products

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Biotechnology
Address
955 Chesterbrook Boulevard
Phone
+1 610 354-8840
Employees
23
Web
https://www.trevena.com