Richardson Electronics (RELL, $13.33) price may drop as it broke higher Bollinger Band on Feb 14, 2025

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RELL - Richardson Electronics Ltd
Bollinger signal
Bearish Trend
76%
Odds of DOWN Trend
Price: $13.33
Daily change: +$0.22 (+1.68%)
Daily volume: 35.5K
Capitalization: $192.1M
Industry: Electronic Components

This price move could be a signal that RELL 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 55 similar cases where RELL's price broke its higher Bollinger Band, and 42 of them led to a successful outcome. Odds of Success: 76%.