Luminar Technologies (LAZR, $6.6) price may drop as it broke higher Bollinger Band on Feb 13, 2025

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LAZR - Luminar Technologies Inc
Bollinger signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $6.6
Daily change: +$1.11 (+20.22%)
Daily volume: 3.2M
Capitalization: $219.8M
Industry: Auto Parts: OEM

This price move could be a signal that LAZR 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 44 similar cases where LAZR's price broke its higher Bollinger Band, and 36 of them led to a successful outcome. Odds of Success: 82%.