Big Lots (BIG, $4.71) price may drop as it broke higher Bollinger Band on May 14, 2024

#DiscountStores, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap, #Russel2000
BIG - Big Lots
Bollinger signal
Bearish Trend
89%
Odds of DOWN Trend
Price: $4.71
Daily change: +$1 (+26.95%)
Daily volume: 9.9M
Capitalization: $139M
Industry: Discount Stores

This price move could be a signal that BIG may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 35 similar cases where BIG's price broke its higher Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 89%.