MCHX Stock Marchex (MCHX, $1.61) price may drop as it broke higher Bollinger Band on Jul 25, 2024

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07/26/24

MCHX - Marchex

Bollinger signal

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Odds of DOWN Trend

Price: $1.61

Daily change: +$0.08 (+5.23%)

Daily volume: 63.5K

Capitalization: $70.3M

Industry: Advertising/Marketing Services

This price move could be a signal that MCHX 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 40 similar cases where MCHX's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

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