Bel Fuse (BELFB, $84.51) price may drop as it broke higher Bollinger Band on Feb 20, 2025

#ElectronicComponents, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
BELFB - Bel Fuse
Bollinger signal
Bearish Trend
73%
Odds of DOWN Trend
Price: $84.51
Daily change: +$2.98 (+3.66%)
Daily volume: 124.7K
Capitalization: $1.1B
Industry: Electronic Components

This price move could be a signal that BELFB 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 49 similar cases where BELFB's price broke its higher Bollinger Band, and 36 of them led to a successful outcome. Odds of Success: 73%.