Vanda Pharmaceuticals (VNDA, $5.13) price may drop as it broke higher Bollinger Band on Mar 05, 2025

#Biotechnology, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap, #Russel2000
VNDA - Vanda Pharmaceuticals
Bollinger signal
Bearish Trend
80%
Odds of DOWN Trend
Price: $5.13
Daily change: +$0.32 (+6.65%)
Daily volume: 1.3M
Capitalization: $299.2M
Industry: Biotechnology

This price move could be a signal that VNDA 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 41 similar cases where VNDA's price broke its higher Bollinger Band, and 33 of them led to a successful outcome. Odds of Success: 80%.