Allegiant Travel (ALGT, $59.35) price may drop as it broke higher Bollinger Band on May 12, 2025

#Airlines, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
ALGT - Allegiant Travel Company
Bollinger signal
Bearish Trend
80%
Odds of DOWN Trend
Price: $59.35
Daily change: +$4.9 (+9%)
Daily volume: 585.6K
Industry: Airlines

This price move could be a signal that ALGT 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 41 similar cases where ALGT's price broke its higher Bollinger Band, and 33 of them led to a successful outcome. Odds of Success: 80%.