CTS Stock CTS (CTS, $54.72) price may drop as it broke higher Bollinger Band on Jun 05, 2024

A.I.dvisor
at Tickeron.com
06/06/24
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CTS - CTS Corp
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $54.72
Daily change: +$1.73 (+3.26%)
Daily volume: 127K
Capitalization: $1.7B
Industry: Electronic Components
This price move could be a signal that CTS 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 CTS'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 electronic components and sensors

Industry ElectronicComponents

Profile
Fundamentals
Details
Industry
Electronic Components
Address
4925 Indiana Avenue
Phone
+1 630 577-8800
Employees
4081
Web
https://www.ctscorp.com