Middlesex Water (MSEX, $58.03) price may drop as it broke higher Bollinger Band on Mar 03, 2025

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MSEX - Middlesex Water Company
Bollinger signal
Bearish Trend
80%
Odds of DOWN Trend
Price: $58.03
Daily change: +$7.9 (+15.76%)
Daily volume: 343.5K
Industry: Water Utilities

This price move could be a signal that MSEX 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 40 similar cases where MSEX's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 80%.