Empire State Realty Trust (ESRT, $7.39) price may drop as it broke higher Bollinger Band on May 02, 2025

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ESRT - Empire State Realty Trust
Bollinger signal
Bearish Trend
80%
Odds of DOWN Trend
Price: $7.39
Daily change: +$0.19 (+2.64%)
Daily volume: 1.1M
Capitalization: $1.2B
Industry: Real Estate Investment Trusts

This price move could be a signal that ESRT 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 40 similar cases where ESRT's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 80%.