ACMR Stock ACM Research (ACMR, $24.59) price may drop as it broke higher Bollinger Band on Jun 12, 2024

A.I.dvisor
at Tickeron.com
06/13/24
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ACMR - ACM Research
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $24.59
Daily change: +$1.71 (+7.47%)
Daily volume: 1.1M
Capitalization: $1.5B
Industry: Semiconductors
This price move could be a signal that ACMR 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 44 similar cases where ACMR's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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General Information

a manufacturer of tools for producing semiconductors

Industry Semiconductors

Profile
Fundamentals
Details
Industry
Industrial Machinery
Address
42307 Osgood Road
Phone
+1 510 445-3700
Employees
1590
Web
https://www.acmrcsh.com