Infinera (INFN, $6.68) price may drop as it broke higher Bollinger Band on Feb 19, 2025

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INFN - Infinera Corp
Bollinger signal
Bearish Trend
72%
Odds of DOWN Trend
Price: $6.68
Daily change: +$0.02 (+0.3%)
Daily volume: 1.1M
Capitalization: $1.6B
Industry: Telecommunications Equipment

This price move could be a signal that INFN 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 43 similar cases where INFN's price broke its higher Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 72%.