Legacy Housing (LEGH, $25.22) price may drop as it broke higher Bollinger Band on May 02, 2025

#Homebuilding, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
LEGH - Legacy Housing Corp
Bollinger signal
Bearish Trend
87%
Odds of DOWN Trend
Price: $25.22
Daily change: +$0.92 (+3.79%)
Daily volume: 61.3K
Capitalization: $608.5M
Industry: Homebuilding

This price move could be a signal that LEGH 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 46 similar cases where LEGH's price broke its higher Bollinger Band, and 40 of them led to a successful outcome. Odds of Success: 87%.