Powell Industries (POWL, $184.34) price may drop as it broke higher Bollinger Band on Apr 24, 2025

#ElectricalProducts, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
POWL - Powell Industries
Bollinger signal
Bearish Trend
84%
Odds of DOWN Trend
Bollinger signal
Price: $184.34
Daily change: +$9.67 (+5.54%)
Daily volume: 291.2K
Capitalization: $2.2B
Industry: Electrical Products

This price move could be a signal that POWL 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 49 similar cases where POWL's price broke its higher Bollinger Band, and 41 of them led to a successful outcome. Odds of Success: 84%.