DiaMedica Therapeutics (DMAC, $6.65) price may drop as it broke higher Bollinger Band on Feb 19, 2025

#Biotechnology, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap
DMAC - DiaMedica Therapeutics
Bollinger signal
Bearish Trend
89%
Odds of DOWN Trend
Price: $6.65
Daily change: +$0.49 (+7.95%)
Daily volume: 470.7K
Capitalization: $284.4M
Industry: Biotechnology

This price move could be a signal that DMAC 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 47 similar cases where DMAC's price broke its higher Bollinger Band, and 42 of them led to a successful outcome. Odds of Success: 89%.