Alarum Technologies (ALAR, $7.52) price may drop as it broke higher Bollinger Band on Apr 16, 2025

#PackagedSoftware, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap
ALAR - Alarum Technologies Ltd
Bollinger signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $7.52
Daily change: +$0.52 (+7.43%)
Daily volume: 111.4K
Capitalization: $52.1M
Industry: Packaged Software

This price move could be a signal that ALAR 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 ALAR's price broke its higher Bollinger Band, and 44 of them led to a successful outcome. Odds of Success: 90%.