Energy Recovery (ERII, $16.37) price may drop as it broke higher Bollinger Band on Mar 07, 2025

#IndustrialMachinery, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
ERII - Energy Recovery
Bollinger signal
Bearish Trend
75%
Odds of DOWN Trend
Price: $16.37
Daily change: +$0.7 (+4.47%)
Daily volume: 335.8K
Capitalization: $899.6M
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 44 similar cases where ERII's price broke its higher Bollinger Band, and 33 of them led to a successful outcome. Odds of Success: 75%.