LNVGY Stock Lenovo Group (LNVGY, $26.23) price may drop as it broke higher Bollinger Band on May 09, 2024

A.I.dvisor
at Tickeron.com
05/10/24
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LNVGY - Lenovo Group Ltd.
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $26.23
Daily change: +$2.21 (+9.2%)
Daily volume: 41.5K
Industry: Computer Peripherals
This price move could be a signal that LNVGY 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 52 similar cases where LNVGY's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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LNVGYDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry ComputerPeripherals

Profile
Fundamentals
Details
Industry
N/A
Address
979 King's Road
Phone
+852 25163838
Employees
77000
Web
https://www.lenovo.com