Six Flags Entertainment (SIX, $33.14) price may drop as it broke higher Bollinger Band on Jun 28, 2024

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SIX - Six Flags Entertainment Corp
Bollinger signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $33.14
Daily change: +$2.06 (+6.63%)
Daily volume: 5.9M
Capitalization: $2.8B
Industry: Recreational Products

This price move could be a signal that SIX 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 39 similar cases where SIX's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 82%.