POET Technologies (POET, $4.71) price may drop as it broke higher Bollinger Band on May 16, 2025

#Semiconductors, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap
POET - POET Technologies
Bollinger signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $4.71
Daily change: +$0.23 (+5.13%)
Daily volume: 726K
Capitalization: $359M
Industry: Semiconductors

This price move could be a signal that POET 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 POET's price broke its higher Bollinger Band, and 36 of them led to a successful outcome. Odds of Success: 90%.