SkyWest (SKYW, $100.03) price may drop as it broke higher Bollinger Band on May 08, 2025

#Airlines, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap, #Russel2000
SKYW - SkyWest
Bollinger signal
Bearish Trend
71%
Odds of DOWN Trend
Price: $100.03
Daily change: +$3.01 (+3.1%)
Daily volume: 337.4K
Capitalization: $4B
Industry: Airlines

This price move could be a signal that SKYW 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 56 similar cases where SKYW's price broke its higher Bollinger Band, and 40 of them led to a successful outcome. Odds of Success: 71%.