KAI Stock Kadant (KAI, $269.28) price may climb as it broke lower Bollinger Band on May 23, 2024

A.I.dvisor
at Tickeron.com
05/24/24
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KAI - Kadant
Bollinger signal
Bullish Trend
Odds of UP Trend
Bollinger signal
Price: $269.28
Daily change: -$7.27 (-2.63%)
Daily volume: 101.4K
Capitalization: $3.2B
Industry: Industrial Machinery
This price move could be a signal that KAI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. A.I.dvisor backtested 39 similar cases where KAI's price broke its lower Bollinger Band, and of them led to a successful outcome. Odds of Success:
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General Information

a manufacturer of equipment and products for the papermaking and paper recycling industries

Industry IndustrialMachinery

Profile
Fundamentals
Details
Industry
Industrial Machinery
Address
One Technology Park Drive
Phone
+1 978 776-2000
Employees
3100
Web
https://www.kadant.com