Pinnacle Financial Partners (PNFP, $110.91) price may drop as it broke higher Bollinger Band on May 12, 2025

#RegionalBanks, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap
PNFP - Pinnacle Financial Partners
Bollinger signal
Bearish Trend
79%
Odds of DOWN Trend
Bollinger signal
Price: $110.91
Daily change: +$5.36 (+5.08%)
Daily volume: 487K
Capitalization: $8.6B
Industry: Regional Banks

This price move could be a signal that PNFP 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 42 similar cases where PNFP's price broke its higher Bollinger Band, and 33 of them led to a successful outcome. Odds of Success: 79%.