EGIO Stock Edgio (EGIO, $10.09) price may drop as it broke higher Bollinger Band on Jun 18, 2024

A.I.dvisor
at Tickeron.com
06/19/24
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EGIO - Edgio
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $10.09
Daily change: +$0.85 (+9.2%)
Daily volume: 128.4K
Capitalization: $59.1M
Industry: Packaged Software
This price move could be a signal that EGIO 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 EGIO's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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A.I. Advisor
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General Information

a provider of content delivery network services

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Internet Software Or Services
Address
11811 North Tatum Boulevard
Phone
+1 602 850-5000
Employees
403
Web
https://www.edg.io