EMKR Stock EMCORE (EMKR, $1.15) price may drop as it broke higher Bollinger Band on Jun 20, 2024

A.I.dvisor
at Tickeron.com
06/21/24
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EMKR - EMCORE Corp
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $1.15
Daily change: +$0.2177 (+23.35%)
Daily volume: 2.7M
Industry: Semiconductors
This price move could be a signal that EMKR 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 36 similar cases where EMKR'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 developer of compound semiconductor materials and processes technologies

Industry Semiconductors

Profile
Fundamentals
Details
Industry
Electronic Production Equipment
Address
2015 W. Chestnut Street
Phone
+1 626 293-3400
Employees
371
Web
https://www.emcore.com