MannKind (MNKD, $4.91) price may drop as it broke higher Bollinger Band on Apr 29, 2025

#Biotechnology, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
MNKD - MannKind Corp
Bollinger signal
Bearish Trend
85%
Odds of DOWN Trend
Price: $4.91
Daily change: +$0.18 (+3.81%)
Daily volume: 1.9M
Industry: Biotechnology

This price move could be a signal that MNKD 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 54 similar cases where MNKD's price broke its higher Bollinger Band, and 46 of them led to a successful outcome. Odds of Success: 85%.