Sonos (SONO, $9.15) price may drop as it broke higher Bollinger Band on Apr 24, 2025

#ElectronicsAppliances, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap, #Russel2000
SONO - Sonos
Bollinger signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $9.15
Daily change: +$0.42 (+4.81%)
Daily volume: 2.6M
Capitalization: $1.1B
Industry: Electronics/Appliances

This price move could be a signal that SONO 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 37 similar cases where SONO's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 86%.