Amarin (AMRN, $11.18) price may drop as it broke higher Bollinger Band on Apr 24, 2025

#PharmaceuticalsMajor, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap
AMRN - Amarin Corp Plc
Bollinger signal
Bearish Trend
84%
Odds of DOWN Trend
Price: $11.18
Daily change: +$0.82 (+7.92%)
Daily volume: 78K
Capitalization: $231.5M
Industry: Pharmaceuticals: Major

This price move could be a signal that AMRN 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 38 similar cases where AMRN's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 84%.