SEACOR Marine Holdings (SMHI, $6.96) price may drop as it broke higher Bollinger Band on Jan 03, 2025

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SMHI - SEACOR Marine Holdings
Bollinger signal
Bearish Trend
74%
Odds of DOWN Trend
Price: $6.96
Daily change: +$0.21 (+3.11%)
Daily volume: 135.2K
Capitalization: $192.4M
Industry: Marine Shipping

This price move could be a signal that SMHI 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 47 similar cases where SMHI's price broke its higher Bollinger Band, and 35 of them led to a successful outcome. Odds of Success: 74%.