Terex (TEX, $39.83) price may drop as it broke higher Bollinger Band on May 02, 2025

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TEX - Terex Corp
Bollinger signal
Bearish Trend
81%
Odds of DOWN Trend
Price: $39.83
Daily change: +$3.43 (+9.42%)
Daily volume: 1.9M
Capitalization: $2.6B
Industry: Trucks/Construction/Farm Machinery

This price move could be a signal that TEX 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 47 similar cases where TEX's price broke its higher Bollinger Band, and 38 of them led to a successful outcome. Odds of Success: 81%.