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MRMD Stock MariMed (MRMD, $0.21) Aroon Indicator entered a Downtrend on June 07, 2024.

A.I.dvisor
at Tickeron.com
06/08/24
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MRMD - MariMed Inc.
Aroon signal
Bearish Trend
Odds of DOWN Trend
Tickeron
Aroon signal
Price: $0.21
Daily change: $0 (0%)
Daily volume: 114.7K
Capitalization: $79.7M
Industry: Pharmaceuticals: Other
For the last three days, A.I.dvisor has detected that MRMD'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 MRMD, 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 317 similar cases, of which were successful. Based on this data, the odds of success are
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General Information

Industry PharmaceuticalsOther

Profile
Fundamentals
Details
Industry
N/A
Address
10 Oceana Way
Phone
+1 781 277-0007
Employees
681
Web
https://www.marimedinc.com