Rigel Pharmaceuticals (RIGL, $18.16) price may drop as it broke higher Bollinger Band on Apr 23, 2025

#Biotechnology, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
RIGL - Rigel Pharmaceuticals Inc
Bollinger signal
Bearish Trend
81%
Odds of DOWN Trend
Price: $18.16
Daily change: +$0.42 (+2.37%)
Daily volume: 146.5K
Capitalization: $324.5M
Industry: Biotechnology

This price move could be a signal that RIGL 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 43 similar cases where RIGL's price broke its higher Bollinger Band, and 35 of them led to a successful outcome. Odds of Success: 81%.