Chuy's Holdings (CHUY, $37.47) price may drop as it broke higher Bollinger Band on Oct 08, 2024

#Restaurants, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
CHUY - Chuy's Holdings
Bollinger signal
Bearish Trend
73%
Odds of DOWN Trend
Price: $37.47
Daily change: +$0.01 (+0.03%)
Daily volume: 337.8K
Industry: Restaurants

This price move could be a signal that CHUY 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 CHUY's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 73%.