Momentum Indicator for OP.X turns negative, indicating new downward trend
OP.X saw its Momentum Indicator move below the 0 level on August 31, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's AI looked at 59 similar instances where the indicator turned negative. In 40 of the 59 cases, the stock moved further down in the following days. The odds of a decline are at 68%.
$OP
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