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VLVLY Stock Volvo AB (VLVLY, $26.06) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 7, 2024

A.I.dvisor
at Tickeron.com
06/08/24
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VLVLY - Volvo AB
MACD signal
Bearish Trend
Odds of DOWN Trend
Tickeron
MACD signal
Price: $26.06
Daily change: -$1.52 (-5.51%)
Daily volume: 42.1K
Capitalization: $56.1B
Industry: Trucks/Construction/Farm Machinery
This is a Bearish indicator signaling VLVLY's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 49 similar cases where VLVLY's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:
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General Information

Industry TrucksConstructionFarmMachinery

Profile
Fundamentals
Details
Industry
N/A
Address
Gropegardsgatan 2
Phone
+46 31660000
Employees
102000
Web
https://www.volvogroup.com