Elicio Therapeutics (ELTX, $8.5) price may drop as it broke higher Bollinger Band on Jul 07, 2025

#Biotechnology, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap
ELTX - Elicio Therapeutics
Bollinger signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $8.5
Daily change: +$0.59 (+7.46%)
Daily volume: 64.6K
Capitalization: $136M
Industry: Biotechnology

This price move could be a signal that ELTX 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 36 similar cases where ELTX's price broke its higher Bollinger Band, and 34 of them led to a successful outcome. Odds of Success: 90%.