Resideo Technologies (REZI, $21.13) price may drop as it broke higher Bollinger Band on May 12, 2025

#TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap, #Russel2000
REZI - Resideo Technologies
Bollinger signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $21.13
Daily change: +$1.33 (+6.72%)
Daily volume: 1.5M

This price move could be a signal that REZI 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 REZI's price broke its higher Bollinger Band, and 38 of them led to a successful outcome. Odds of Success: 83%.