VirnetX Holding (VHC, $5.1) Aroon Indicator entered a Downtrend on May 02, 2024.

A.I.dvisor
at Tickeron.com
05/03/24
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VHC - VirnetX Holding Corp
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $5.1
Daily change: -$0.15 (-2.86%)
Daily volume: 15K
Capitalization: $18.8M
Industry: Packaged Software
For the last three days, A.I.dvisor has detected that VHC'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 VHC, 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 206 similar cases, of which were successful. Based on this data, the odds of success are
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VHCDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a developer of software and technology solutions

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Internet Software Or Services
Address
308 Dorla Court
Phone
+1 775 548-1785
Employees
27
Web
https://www.virnetx.com