Resources Connection (RGP, $9.08) price may drop as it broke higher Bollinger Band on Jan 03, 2025

#MiscellaneousCommercialServices, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
RGP - Resources Connection
Bollinger signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $9.08
Daily change: +$0.36 (+4.13%)
Daily volume: 1.1M
Capitalization: $300.5M
Industry: Miscellaneous Commercial Services

This price move could be a signal that RGP 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 42 similar cases where RGP's price broke its higher Bollinger Band, and 35 of them led to a successful outcome. Odds of Success: 83%.