Minerals Technologies (MTX, $75.23) price may drop as it broke higher Bollinger Band on May 02, 2024

A.I.dvisor
at Tickeron.com
05/03/24
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MTX - Minerals Technologies
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $75.23
Daily change: +$1.57 (+2.13%)
Daily volume: 146.2K
Capitalization: $2.4B
Industry: Chemicals: Specialty
This price move could be a signal that MTX 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 44 similar cases where MTX's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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MTXDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a producer of mineral-based and synthetic mineral products and supporting systems and services

Industry ChemicalsSpecialty

Profile
Fundamentals
Details
Industry
Industrial Specialties
Address
622 Third Avenue
Phone
+1 212 878-1800
Employees
4027
Web
https://www.mineralstech.com