Ambac Financial Group (AMBC, $11.9) price may drop as it broke higher Bollinger Band on Feb 25, 2025

#SpecialtyInsurance, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
AMBC - Ambac Financial Group
Bollinger signal
Bearish Trend
79%
Odds of DOWN Trend
Price: $11.9
Daily change: +$0.25 (+2.15%)
Daily volume: 638.3K
Capitalization: $564.6M
Industry: Specialty Insurance

This price move could be a signal that AMBC 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 AMBC's price broke its higher Bollinger Band, and 37 of them led to a successful outcome. Odds of Success: 79%.