Everspin Technologies (MRAM, $5.92) price may drop as it broke higher Bollinger Band on May 01, 2025

#Semiconductors, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap
MRAM - Everspin Technologies
Bollinger signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $5.92
Daily change: +$0.62 (+11.7%)
Daily volume: 199.8K
Capitalization: $132.8M
Industry: Semiconductors

This price move could be a signal that MRAM 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 41 similar cases where MRAM's price broke its higher Bollinger Band, and 39 of them led to a successful outcome. Odds of Success: 90%.