Energy Recovery (ERII, $15.8) price may drop as it broke higher Bollinger Band on May 02, 2025

#IndustrialMachinery, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
ERII - Energy Recovery
Bollinger signal
Bearish Trend
73%
Odds of DOWN Trend
Price: $15.8
Daily change: +$0.22 (+1.41%)
Daily volume: 218K
Capitalization: $865.1M
Industry: Industrial Machinery

This price move could be a signal that ERII 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 45 similar cases where ERII's price broke its higher Bollinger Band, and 33 of them led to a successful outcome. Odds of Success: 73%.