Entravision Communication (EVC, $2.3) price may drop as it broke higher Bollinger Band on May 02, 2024

A.I.dvisor
at Tickeron.com
05/03/24
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EVC - Entravision Communication
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $2.3
Daily change: +$0.12 (+5.5%)
Daily volume: 1M
Capitalization: $238.9M
Industry: Advertising/Marketing Services
This price move could be a signal that EVC 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 41 similar cases where EVC's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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EVCDaily Signal changed days agoGain/Loss if shorted
 
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General Information

an operator of television and radio stations catering to a Hispanic audience

Industry AdvertisingMarketingServices

Profile
Fundamentals
Details
Industry
Broadcasting
Address
2425 Olympic Boulevard
Phone
+1 310 447-3870
Employees
1657
Web
https://www.entravision.com