Skyworks Solutions (SWKS, $101.84) price may climb as it broke lower Bollinger Band on Sep 03, 2024

#Semiconductors, #TechnicalAnalysis, #Bollinger, #Bullish, #Stocks, #LargeCap, #SP500
SWKS - Skyworks Solutions
Bollinger signal
Bullish Trend
69%
Odds of UP Trend
Price: $101.84
Daily change: -$7.75 (-7.07%)
Daily volume: 2.9M
Capitalization: $16.3B
Industry: Semiconductors

This price move could be a signal that SWKS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. A.I.dvisor backtested 45 similar cases where SWKS's price broke its lower Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 69%.