Mayville Engineering (MEC, $13.15) price may drop as it broke higher Bollinger Band on May 01, 2025

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MEC - Mayville Engineering Company
Bollinger signal
Bearish Trend
88%
Odds of DOWN Trend
Price: $13.15
Daily change: +$0.37 (+2.9%)
Daily volume: 131.5K
Capitalization: $268.5M
Industry: Metal Fabrication

This price move could be a signal that MEC 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 MEC's price broke its higher Bollinger Band, and 35 of them led to a successful outcome. Odds of Success: 88%.