IAMGold (IAG, $8.09) price may drop as it broke higher Bollinger Band on Apr 16, 2025

#PreciousMetals, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap
IAG - IAMGold Corp
Bollinger signal
Bearish Trend
85%
Odds of DOWN Trend
Price: $8.09
Daily change: +$0.65 (+8.74%)
Daily volume: 25.1M
Capitalization: $4.6B
Industry: Precious Metals

This price move could be a signal that IAG 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 47 similar cases where IAG's price broke its higher Bollinger Band, and 40 of them led to a successful outcome. Odds of Success: 85%.