Radiant Logistics (RLGT, $6.11) price may drop as it broke higher Bollinger Band on May 02, 2025

#AirFreightCouriers, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap, #Russel2000
RLGT - Radiant Logistics
Bollinger signal
Bearish Trend
84%
Odds of DOWN Trend
Price: $6.11
Daily change: +$0.21 (+3.56%)
Daily volume: 102K
Capitalization: $287.2M
Industry: Air Freight/Couriers

This price move could be a signal that RLGT 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 58 similar cases where RLGT's price broke its higher Bollinger Band, and 49 of them led to a successful outcome. Odds of Success: 84%.