Lakeland Industries (LAKE, $17.76) price may drop as it broke higher Bollinger Band on May 12, 2025

#ApparelFootwear, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap
LAKE - Lakeland Industries
Bollinger signal
Bearish Trend
75%
Odds of DOWN Trend
Price: $17.76
Daily change: +$0.7 (+4.1%)
Daily volume: 62.9K
Industry: Apparel/Footwear

This price move could be a signal that LAKE 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 48 similar cases where LAKE's price broke its higher Bollinger Band, and 36 of them led to a successful outcome. Odds of Success: 75%.