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BIOF Stock Blue Biofuels (BIOF, $0.08) Aroon Indicator entered a Downtrend on June 04, 2024.

A.I.dvisor
at Tickeron.com
06/05/24
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BIOF - Blue Biofuels Inc.
Aroon signal
Bearish Trend
Odds of DOWN Trend
Tickeron
Aroon signal
Price: $0.082
Daily change: -$0.0009 (-1.09%)
Daily volume: 25.9K
Capitalization: $24.8M
Industry: Chemicals: Specialty
For the last three days, A.I.dvisor has detected that BIOF'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 BIOF, 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 187 similar cases, of which were successful. Based on this data, the odds of success are
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General Information

Industry ChemicalsSpecialty

Profile
Fundamentals
Details
Industry
N/A
Address
3710 Buckeye Street
Phone
+1 888 607-3555
Employees
27
Web
https://www.bluebiofuels.com