Group 1 Automotive (GPI, $299.71) price may drop as it broke higher Bollinger Band on Apr 24, 2024

A.I.dvisor
at Tickeron.com
04/25/24
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GPI - Group 1 Automotive
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $299.71
Daily change: +$20.21 (+7.23%)
Daily volume: 406.3K
Capitalization: $4B
Industry: Specialty Stores
This price move could be a signal that GPI 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 GPI's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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GPIDaily Signal changed days agoGain/Loss if shorted
 
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General Information

an operator of automobile dealerships, franchises and collision service centers

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
Specialty Stores
Address
800 Gessner
Phone
+1 713 647-5700
Employees
16011
Web
https://www.group1auto.com