AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
According to the technical analysis of Avadel Pharmaceuticals' 15-minute chart, there have been significant indicators of a bearish trend. Specifically, the Moving Average Convergence Divergence (MACD) and the Keltner's Directional Indicator (KDJ) have both triggered a "death cross" at 10:00 on December 4, 2022. This suggests that the stock price has the potential to continue declining, with momentum shifting towards the downside and a potential for further decreases. As a result, investors should be cautious when considering this stock and carefully weigh the risks and potential returns before making any investment decisions.
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet