Futu Holdings (FUTU, $93.89) price may drop as it broke higher Bollinger Band on Apr 24, 2025

#InvestmentBanksBrokers, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap
FUTU - Futu Holdings Limited
Bollinger signal
Bearish Trend
66%
Odds of DOWN Trend
Price: $93.89
Daily change: +$5.61 (+6.35%)
Daily volume: 2.9M
Capitalization: $13.1B
Industry: Investment Banks/Brokers

This price move could be a signal that FUTU 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 50 similar cases where FUTU's price broke its higher Bollinger Band, and 33 of them led to a successful outcome. Odds of Success: 66%.