Establishment Labs Holdings (ESTA, $46.2) price may drop as it broke higher Bollinger Band on Mar 04, 2025

#MedicalSpecialties, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap
ESTA - Establishment Labs Holdings
Bollinger signal
Bearish Trend
84%
Odds of DOWN Trend
Price: $46.2
Daily change: +$3.32 (+7.74%)
Daily volume: 1.2M
Capitalization: $1.3B
Industry: Medical Specialties

This price move could be a signal that ESTA 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 ESTA's price broke its higher Bollinger Band, and 37 of them led to a successful outcome. Odds of Success: 84%.