Dorman Products (DORM, $131.46) price may drop as it broke higher Bollinger Band on Feb 28, 2025

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DORM - Dorman Products
Bollinger signal
Bearish Trend
78%
Odds of DOWN Trend
Price: $131.46
Daily change: +$3.47 (+2.71%)
Daily volume: 322K
Capitalization: $4B
Industry: Auto Parts: OEM

This price move could be a signal that DORM 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 49 similar cases where DORM's price broke its higher Bollinger Band, and 38 of them led to a successful outcome. Odds of Success: 78%.