AXT (AXTI, $3.51) price may climb as it broke lower Bollinger Band on Mar 13, 2023

#Semiconductors, #TechnicalAnalysis, #Bollinger, #Bullish, #Stocks, #MicroCap, #Russel2000
AXTI - AXT
Bollinger signal
Bullish Trend
76%
Odds of UP Trend
Price: $3.51
Daily change: -$0.25 (-6.65%)
Daily volume: 275.7K
Industry: Semiconductors

This price move could be a signal that AXTI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. A.I.dvisor backtested 41 similar cases where AXTI's price broke its lower Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 76%.