Betterware de Mexico SAPI de CV (BWMX, $12.16) price may drop as it broke higher Bollinger Band on Feb 18, 2025

#SpecialtyStores, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap
BWMX - Betterware de Mexico SAPI de CV
Bollinger signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $12.16
Daily change: +$0.63 (+5.46%)
Daily volume: 36.8K
Capitalization: $453.8M
Industry: Specialty Stores

This price move could be a signal that BWMX 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 50 similar cases where BWMX's price broke its higher Bollinger Band, and 41 of them led to a successful outcome. Odds of Success: 82%.