PBF Energy (PBF, $20.13) price may drop as it broke higher Bollinger Band on May 09, 2025

#OilRefiningMarketing, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap, #Russel2000
PBF - PBF Energy
Bollinger signal
Bearish Trend
84%
Odds of DOWN Trend
Price: $20.13
Daily change: +$0.8 (+4.14%)
Daily volume: 4.3M
Industry: Oil Refining/Marketing

This price move could be a signal that PBF 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 45 similar cases where PBF's price broke its higher Bollinger Band, and 38 of them led to a successful outcome. Odds of Success: 84%.