International General Insurance Holdings (IGIC, $27.01) price may drop as it broke higher Bollinger Band on Mar 20, 2025

#MultiLineInsurance, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap
IGIC - International General Insurance Holdings Ltd
Bollinger signal
Bearish Trend
67%
Odds of DOWN Trend
Price: $27.01
Daily change: +$1.38 (+5.38%)
Daily volume: 158.9K
Capitalization: $1.2B
Industry: Multi-Line Insurance

This price move could be a signal that IGIC 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 46 similar cases where IGIC's price broke its higher Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 67%.