Signet Jewelers (SIG, $69.82) price may drop as it broke higher Bollinger Band on May 12, 2025

#OtherConsumerSpecialties, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap, #Russel2000
SIG - Signet Jewelers Limited
Bollinger signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $69.82
Daily change: +$5.45 (+8.47%)
Daily volume: 1.4M
Industry: Other Consumer Specialties

This price move could be a signal that SIG 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 40 similar cases where SIG's price broke its higher Bollinger Band, and 33 of them led to a successful outcome. Odds of Success: 83%.