CarMax (KMX, $64.86) price may climb as it broke lower Bollinger Band on Oct 18, 2023

#SpecialtyStores, #TechnicalAnalysis, #Bollinger, #Bullish, #Stocks, #LargeCap, #SP500
KMX - CarMax
Bollinger signal
Bullish Trend
86%
Odds of UP Trend
Price: $64.86
Daily change: -$3.61 (-5.27%)
Daily volume: 3.6M
Industry: Specialty Stores

This price move could be a signal that KMX 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 36 similar cases where KMX's price broke its lower Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 86%.