Flotek Industries (FTK, $8.74) price may drop as it broke higher Bollinger Band on Mar 12, 2025

#OilfieldServicesEquipment, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap
FTK - Flotek Industries
Bollinger signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $8.74
Daily change: +$1.33 (+17.95%)
Daily volume: 556.7K
Capitalization: $260.4M
Industry: Oilfield Services/Equipment

This price move could be a signal that FTK 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 41 similar cases where FTK's price broke its higher Bollinger Band, and 38 of them led to a successful outcome. Odds of Success: 90%.