ARC Document Solutions (ARC, $3.39) price may drop as it broke higher Bollinger Band on Nov 15, 2024

#MiscellaneousCommercialServices, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap
ARC - ARC Document Solutions
Bollinger signal
Bearish Trend
72%
Odds of DOWN Trend
Price: $3.39
Daily change: +$0.01 (+0.3%)
Daily volume: 133.3K
Industry: Miscellaneous Commercial Services

This price move could be a signal that ARC 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 47 similar cases where ARC's price broke its higher Bollinger Band, and 34 of them led to a successful outcome. Odds of Success: 72%.