TransMedics Group (TMDX, $111.5) price may drop as it broke higher Bollinger Band on May 09, 2025

#MedicalSpecialties, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap, #Russel2000
TMDX - TransMedics Group
Bollinger signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $111.5
Daily change: +$18.3 (+19.64%)
Daily volume: 4.5M
Industry: Medical Specialties

This price move could be a signal that TMDX 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 49 similar cases where TMDX's price broke its higher Bollinger Band, and 42 of them led to a successful outcome. Odds of Success: 86%.