Teck Resources (TECK, $37.67) price may drop as it broke higher Bollinger Band on May 12, 2025

#OtherMetalsMinerals, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #LargeCap
TECK - Teck Resources Limited
Bollinger signal
Bearish Trend
67%
Odds of DOWN Trend
Price: $37.67
Daily change: +$1.94 (+5.43%)
Daily volume: 6.5M
Capitalization: $18.8B
Industry: Other Metals/Minerals

This price move could be a signal that TECK 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 48 similar cases where TECK's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 67%.