Apollo Endosurgery (APEN, $10) price may drop as it broke higher Bollinger Band on Apr 03, 2023

#MedicalSpecialties, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap
APEN - Apollo Endosurgery
Bollinger signal
Bearish Trend
80%
Odds of DOWN Trend
Price: $10
Daily change: +$0.08 (+0.81%)
Daily volume: 1.7M
Industry: Medical Specialties

This price move could be a signal that APEN 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 APEN's price broke its higher Bollinger Band, and 35 of them led to a successful outcome. Odds of Success: 80%.