CPAC Stock Cementos Pacasmayo SAA (CPAC, $5.85) price may drop as it broke higher Bollinger Band on Jul 01, 2024

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07/02/24

CPAC - Cementos Pacasmayo SAA

Bollinger signal

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Odds of DOWN Trend

Price: $5.85

Daily change: +$0.13 (+2.27%)

Daily volume: 2.7K

Capitalization: $500.9M

Industry: Construction Materials

This price move could be a signal that CPAC 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 47 similar cases where CPAC's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

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