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DRIO Stock DarioHealth (DRIO, $0.72) price may drop as it broke higher Bollinger Band on Feb 18, 2025

A.I.dvisor
at Tickeron.com
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DRIO - DarioHealth Corp
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Tickeron
Bollinger signal
Price: $0.721
Daily change: +$0.0211 (+3.01%)
Daily volume: 2.9M
Capitalization: $27.7M
This price move could be a signal that DRIO 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 42 similar cases where DRIO's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

DRIO saw its Stochastic Oscillator peaks and leaves the overbought zone

The Stochastic Oscillator for DRIO moved out of overbought territory on February 20, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 55 similar instances where the indicator exited the overbought zone. In of the 55 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day moving average for DRIO crossed bearishly below the 50-day moving average on January 23, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DRIO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

DRIO broke above its upper Bollinger Band on February 18, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for DRIO entered a downward trend on February 07, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 13, 2025. You may want to consider a long position or call options on DRIO as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for DRIO just turned positive on February 13, 2025. Looking at past instances where DRIO's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where DRIO advanced for three days, in of 261 cases, the price rose further within the following month. The odds of a continued upward trend are .

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DRIO
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A.I. Advisor
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General Information

a developer of technology to address the diabetic self-monitoring of blood glucose

Industry

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
322 W. 57th Street
Phone
+1 972 4770-6377
Employees
294
Web
https://www.mydario.com