Cidara Therapeutics (CDTX, $21.98) price may drop as it broke higher Bollinger Band on Apr 22, 2025

#Biotechnology, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap
CDTX - Cidara Therapeutics
Bollinger signal
Bearish Trend
87%
Odds of DOWN Trend
Price: $21.98
Daily change: +$1.3 (+6.26%)
Daily volume: 131.6K
Capitalization: $240.8M
Industry: Biotechnology

This price move could be a signal that CDTX 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 CDTX's price broke its higher Bollinger Band, and 41 of them led to a successful outcome. Odds of Success: 87%.