Canterbury Park Holding (CPHC, $22.4) price may drop as it broke higher Bollinger Band on Dec 24, 2024

#CasinosGaming, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap
CPHC - Canterbury Park Holding Corp
Bollinger signal
Bearish Trend
75%
Odds of DOWN Trend
Price: $22.4
Daily change: +$1.9 (+9.27%)
Daily volume: 10K
Capitalization: $112.4M
Industry: Casinos/Gaming

This price move could be a signal that CPHC 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 53 similar cases where CPHC's price broke its higher Bollinger Band, and 40 of them led to a successful outcome. Odds of Success: 75%.