NVEC Stock NVE (NVEC, $79.25) 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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NVEC - NVE Corp
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $79.25
Daily change: +$1.96 (+2.54%)
Daily volume: 14.1K
Capitalization: $383.1M
Industry: Semiconductors
This price move could be a signal that NVEC 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 NVEC'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 developer of devices using spintronics

Industry Semiconductors

Profile
Fundamentals
Details
Industry
Packaged Software
Address
11409 Valley View Road
Phone
+1 952 829-9217
Employees
56
Web
https://www.nve.com