Cloudflare (NET, $176.33) price may drop as it broke higher Bollinger Band on Jun 05, 2025

#PackagedSoftware, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #LargeCap
NET - Cloudflare
Bollinger signal
Bearish Trend
74%
Odds of DOWN Trend
Bollinger signal
Price: $176.33
Daily change: +$5.41 (+3.17%)
Daily volume: 5.3M
Capitalization: $61.1B
Industry: Packaged Software

This price move could be a signal that NET 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 43 similar cases where NET's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 74%.