Shoe Carnival (SCVL, $19.58) price may drop as it broke higher Bollinger Band on May 12, 2025

#ApparelFootwearRetail, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
SCVL - Shoe Carnival
Bollinger signal
Bearish Trend
73%
Odds of DOWN Trend
Price: $19.58
Daily change: +$1.6 (+8.9%)
Daily volume: 650.3K
Industry: Apparel/Footwear Retail

This price move could be a signal that SCVL 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 44 similar cases where SCVL's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 73%.