Movado Group (MOV, $15.31) price may drop as it broke higher Bollinger Band on May 08, 2025

#OtherConsumerSpecialties, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
MOV - Movado Group
Bollinger signal
Bearish Trend
84%
Odds of DOWN Trend
Price: $15.31
Daily change: +$0.71 (+4.86%)
Daily volume: 241.1K
Capitalization: $340.4M
Industry: Other Consumer Specialties

This price move could be a signal that MOV 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 MOV's price broke its higher Bollinger Band, and 37 of them led to a successful outcome. Odds of Success: 84%.