Utah Medical Products (UTMD, $53.93) price may drop as it broke higher Bollinger Band on May 07, 2025

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UTMD - Utah Medical Products
Bollinger signal
Bearish Trend
85%
Odds of DOWN Trend
Price: $53.93
Daily change: +$0.4 (+0.75%)
Daily volume: 15.6K
Industry: Medical Specialties

This price move could be a signal that UTMD 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 39 similar cases where UTMD's price broke its higher Bollinger Band, and 33 of them led to a successful outcome. Odds of Success: 85%.