Forum Energy Technologies (FET, $16.4) price may drop as it broke higher Bollinger Band on May 13, 2025

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FET - Forum Energy Technologies
Bollinger signal
Bearish Trend
85%
Odds of DOWN Trend
Price: $16.4
Daily change: +$0.93 (+6.01%)
Daily volume: 81K
Capitalization: $202.9M
Industry: Oilfield Services/Equipment

This price move could be a signal that FET 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 39 similar cases where FET's price broke its higher Bollinger Band, and 33 of them led to a successful outcome. Odds of Success: 85%.