Ollie's Bargain Outlet Holdings (OLLI, $118.86) price may drop as it broke higher Bollinger Band on May 16, 2025

#DiscountStores, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap
OLLI - Ollie's Bargain Outlet Holdings
Bollinger signal
Bearish Trend
84%
Odds of DOWN Trend
Price: $118.86
Daily change: +$4.99 (+4.38%)
Daily volume: 1.6M
Capitalization: $7.3B
Industry: Discount Stores

This price move could be a signal that OLLI 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 OLLI's price broke its higher Bollinger Band, and 36 of them led to a successful outcome. Odds of Success: 84%.