Palomar Holdings (PLMR, $154.34) price may drop as it broke higher Bollinger Band on Apr 15, 2025

#PropertyCasualtyInsurance, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap, #Russel2000
PLMR - Palomar Holdings
Bollinger signal
Bearish Trend
76%
Odds of DOWN Trend
Price: $154.34
Daily change: +$3.8 (+2.52%)
Daily volume: 372.5K
Capitalization: $4.1B
Industry: Property/Casualty Insurance

This price move could be a signal that PLMR 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 50 similar cases where PLMR's price broke its higher Bollinger Band, and 38 of them led to a successful outcome. Odds of Success: 76%.