Myers Industries (MYE, $11.59) price may drop as it broke higher Bollinger Band on May 02, 2025

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MYE - Myers Industries
Bollinger signal
Bearish Trend
70%
Odds of DOWN Trend
Price: $11.59
Daily change: +$0.53 (+4.79%)
Daily volume: 404.9K
Capitalization: $432.3M
Industry: Containers/Packaging

This price move could be a signal that MYE 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 MYE's price broke its higher Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 70%.