SpringWorks Therapeutics (SWTX, $44.93) price may drop as it broke higher Bollinger Band on Apr 24, 2025

#Biotechnology, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap, #Russel2000
SWTX - SpringWorks Therapeutics
Bollinger signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $44.93
Daily change: +$3.72 (+9.03%)
Daily volume: 8.9M
Capitalization: $3.4B
Industry: Biotechnology

This price move could be a signal that SWTX 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 44 similar cases where SWTX's price broke its higher Bollinger Band, and 38 of them led to a successful outcome. Odds of Success: 86%.