Can-Fite BioPharma (CANF, $1.14) price may drop as it broke higher Bollinger Band on Jun 16, 2025

#Biotechnology, #TechnicalAnalysis, #Bollinger, #Bearish, #PennyStocks, #NanoCap
CANF - Can-Fite BioPharma Ltd
Bollinger signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $1.14
Daily change: +$0.07 (+6.54%)
Daily volume: 987.3K
Industry: Biotechnology

This price move could be a signal that CANF 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 CANF's price broke its higher Bollinger Band, and 46 of them led to a successful outcome. Odds of Success: 90%.