ONTO Stock Onto Innovation (ONTO, $229.35) price may drop as it broke higher Bollinger Band on Jun 18, 2024

A.I.dvisor
at Tickeron.com
06/19/24
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ONTO - Onto Innovation
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $229.35
Daily change: +$6.71 (+3.01%)
Daily volume: 730.4K
Capitalization: $11.3B
Industry: Semiconductors
This price move could be a signal that ONTO 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 56 similar cases where ONTO's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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A.I. Advisor
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General Information

a company, which engages in developing process control systems and offers process control, combining global scale with an expanded portfolio of technologies

Industry Semiconductors

Profile
Fundamentals
Details
Industry
N/A
Address
16 Jonspin Road
Phone
+1 978 253-6200
Employees
1497
Web
https://www.ontoinnovation.com