Sequans Communications S.A (SQNS, $4.5) price may drop as it broke higher Bollinger Band on Jul 11, 2025

#Semiconductors, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap
SQNS - Sequans Communications S.A.
Bollinger signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $4.5
Daily change: +$2.43 (+117.39%)
Daily volume: 20.3M
Capitalization: $742.3M
Industry: Semiconductors

This price move could be a signal that SQNS 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 36 similar cases where SQNS's price broke its higher Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 86%.