Smith-Midland (SMID, $32.96) price may drop as it broke higher Bollinger Band on May 12, 2025

#ConstructionMaterials, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap
SMID - Smith-Midland Corp
Bollinger signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $32.96
Daily change: +$2.79 (+9.25%)
Daily volume: 11.9K
Capitalization: $174.8M
Industry: Construction Materials

This price move could be a signal that SMID 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 50 similar cases where SMID's price broke its higher Bollinger Band, and 41 of them led to a successful outcome. Odds of Success: 82%.