Chewy (CHWY, $39.57) price may drop as it broke higher Bollinger Band on May 09, 2025

#InternetRetail, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #LargeCap
CHWY - Chewy
Bollinger signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $39.57
Daily change: +$1.33 (+3.48%)
Daily volume: 8.3M
Industry: Internet Retail

This price move could be a signal that CHWY 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 46 similar cases where CHWY's price broke its higher Bollinger Band, and 42 of them led to a successful outcome. Odds of Success: 90%.