Kala BIO (KALA, $7.95) price may drop as it broke higher Bollinger Band on Mar 20, 2024

A.I.dvisor
at Tickeron.com
03/21/24
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KALA - Kala BIO
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $7.95
Daily change: +$0.23 (+2.98%)
Daily volume: 20.8K
Capitalization: $21.4M
Industry: Biotechnology
This price move could be a signal that KALA 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 35 similar cases where KALA's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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KALADaily Signal changed days agoGain/Loss if shorted
 
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published General Information

General Information

a developer of ophthalmic treatments based on its mucosal penetrating product platform

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Pharmaceuticals Major
Address
1167 Massachusetts Avenue
Phone
+1 781 996-5252
Employees
43
Web
https://www.kalarx.com