GCO Stock Genes (GCO, $28.4) price may drop as it broke higher Bollinger Band on Jul 16, 2024

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07/17/24

GCO - Genesco

Bollinger signal

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Odds of DOWN Trend

Price: $28.4

Daily change: +$1.53 (+5.69%)

Daily volume: 111.3K

Capitalization: $330.2M

Industry: Apparel/Footwear Retail

This price move could be a signal that GCO 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 GCO's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

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