New Concept Energy (GBR, $1.08) price may drop as it broke higher Bollinger Band on Mar 25, 2024

A.I.dvisor
at Tickeron.com
03/26/24
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GBR - New Concept Energy
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $1.08
Daily change: +$0.03 (+2.86%)
Daily volume: 12.7K
Industry: Real Estate Development
This price move could be a signal that GBR 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 GBR's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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GBRDaily Signal changed days agoGain/Loss if shorted
 
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A.I.Advisor
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A.I. Advisor
published General Information

General Information

an operator of oil and gas wells

Industry RealEstateDevelopment

Profile
Fundamentals
Details
Industry
Oil And Gas Production
Address
1603 Lyndon B Johnson Freeway
Phone
+1 972 407-8400
Employees
3
Web
https://www.newconceptenergy.com