Harmonic (HLIT, $11.09) price may drop as it broke higher Bollinger Band on May 01, 2024

A.I.dvisor
at Tickeron.com
05/02/24
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HLIT - Harmonic
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $11.09
Daily change: +$0.35 (+3.26%)
Daily volume: 3.1M
Capitalization: $1.2B
Industry: Telecommunications Equipment
This price move could be a signal that HLIT 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 51 similar cases where HLIT's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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HLITDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of versatile video solutions

Industry TelecommunicationsEquipment

Profile
Fundamentals
Details
Industry
Telecommunications Equipment
Address
2590 Orchard Parkway
Phone
+1 408 542-2500
Employees
1359
Web
https://www.harmonicinc.com