LifeMD (LFMD, $11.95) price may drop as it broke higher Bollinger Band on Apr 26, 2024

A.I.dvisor
at Tickeron.com
04/27/24
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LFMD - LifeMD
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $11.95
Daily change: +$1.13 (+10.44%)
Daily volume: 754.5K
Capitalization: $467.1M
Industry: Packaged Software
This price move could be a signal that LFMD 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 45 similar cases where LFMD's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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LFMDDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
236 Fifth Avenue
Phone
+1 866 351-5907
Employees
232
Web
https://www.lifemd.com