MRAM Stock Everspin Technologies (MRAM, $6.35) price may drop as it broke higher Bollinger Band on Jun 12, 2024

A.I.dvisor
at Tickeron.com
06/13/24
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MRAM - Everspin Technologies
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $6.35
Daily change: +$0.19 (+3.08%)
Daily volume: 170.2K
Capitalization: $136.7M
Industry: Semiconductors
This price move could be a signal that MRAM 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 36 similar cases where MRAM's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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General Information

a manufacturer of magnetic random access memory chips

Industry Semiconductors

Profile
Fundamentals
Details
Industry
Semiconductors
Address
5670 W. Chandler Boulevard
Phone
+1 480 347-1111
Employees
106
Web
https://www.everspin.com