Ternium SA (TX, $31.37) price may drop as it broke higher Bollinger Band on Feb 18, 2025

#Steel, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap
TX - Ternium SA
Bollinger signal
Bearish Trend
78%
Odds of DOWN Trend
Price: $31.37
Daily change: +$1.05 (+3.46%)
Daily volume: 265.7K
Industry: Steel

This price move could be a signal that TX 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 40 similar cases where TX's price broke its higher Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 78%.