Innodata (INOD, $51.23) price may drop as it broke higher Bollinger Band on Jun 06, 2025

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INOD - Innodata
Bollinger signal
Bearish Trend
88%
Odds of DOWN Trend
Price: $51.23
Daily change: +$5.59 (+12.25%)
Daily volume: 3M
Capitalization: $1.6B
Industry: Information Technology Services

This price move could be a signal that INOD 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 57 similar cases where INOD's price broke its higher Bollinger Band, and 50 of them led to a successful outcome. Odds of Success: 88%.