Precision Drilling (PDS, $47) price may drop as it broke higher Bollinger Band on Jun 03, 2025

#ContractDrilling, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap
PDS - Precision Drilling Corp
Bollinger signal
Bearish Trend
72%
Odds of DOWN Trend
Price: $47
Daily change: +$2.84 (+6.43%)
Daily volume: 95.4K
Capitalization: $634.5M
Industry: Contract Drilling

This price move could be a signal that PDS 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 46 similar cases where PDS's price broke its higher Bollinger Band, and 33 of them led to a successful outcome. Odds of Success: 72%.