Cogent Biosciences (COGT, $5.21) price may drop as it broke higher Bollinger Band on Apr 30, 2025

#Biotechnology, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
COGT - Cogent Biosciences
Bollinger signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $5.21
Daily change: +$0.19 (+3.78%)
Daily volume: 1.7M
Industry: Biotechnology

This price move could be a signal that COGT 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 38 similar cases where COGT's price broke its higher Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 82%.