DHT Holdings (DHT, $11.24) price may drop as it broke higher Bollinger Band on May 05, 2025

#OilGasPipelines, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
DHT - DHT Holdings
Bollinger signal
Bearish Trend
69%
Odds of DOWN Trend
Price: $11.24
Daily change: +$0.33 (+3.02%)
Daily volume: 2M
Industry: Oil & Gas Pipelines

This price move could be a signal that DHT 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 51 similar cases where DHT's price broke its higher Bollinger Band, and 35 of them led to a successful outcome. Odds of Success: 69%.