MEITUAN (MPNGY, $37.67) price may drop as it broke higher Bollinger Band on Jun 09, 2025

#InternetRetail, #TechnicalAnalysis, #Bollinger, #Bearish, #OTCStocks, #LargeCap
MPNGY - MEITUAN
Bollinger signal
Bearish Trend
75%
Odds of DOWN Trend
Price: $37.67
Daily change: +$1.12 (+3.06%)
Daily volume: 546.1K
Industry: Internet Retail

This price move could be a signal that MPNGY 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 MPNGY's price broke its higher Bollinger Band, and 33 of them led to a successful outcome. Odds of Success: 75%.