Acco Brands (ACCO, $6.3) price may drop as it broke higher Bollinger Band on Dec 04, 2024

#OfficeEquipmentSupplies, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
ACCO - Acco Brands Corp
Bollinger signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $6.3
Daily change: +$0.17 (+2.77%)
Daily volume: 690K
Capitalization: $585.2M
Industry: Office Equipment/Supplies

This price move could be a signal that ACCO 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 39 similar cases where ACCO's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 82%.