Arbutus Biopharma (ABUS, $3.5) price may drop as it broke higher Bollinger Band on Mar 28, 2025

#Biotechnology, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
ABUS - Arbutus Biopharma Corp
Bollinger signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $3.5
Daily change: +$0.23 (+7.03%)
Daily volume: 1.4M
Capitalization: $670.2M
Industry: Biotechnology

This price move could be a signal that ABUS 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 44 similar cases where ABUS's price broke its higher Bollinger Band, and 36 of them led to a successful outcome. Odds of Success: 82%.