Sprout Social (SPT, $21.45) price may drop as it broke higher Bollinger Band on Apr 25, 2025

#PackagedSoftware, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap, #Russel2000
SPT - Sprout Social
Bollinger signal
Bearish Trend
84%
Odds of DOWN Trend
Price: $21.45
Daily change: +$0.46 (+2.19%)
Daily volume: 418.2K
Industry: Packaged Software

This price move could be a signal that SPT 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 38 similar cases where SPT's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 84%.