REX Stock REX American Resources (REX, $48.5) price may drop as it broke higher Bollinger Band on Jul 16, 2024

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07/17/24

REX - REX American Resources Corp

Bollinger signal

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Odds of DOWN Trend

Price: $48.5

Daily change: +$1.42 (+3.02%)

Daily volume: 136.5K

Capitalization: $848.9M

Industry: Chemicals: Specialty

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

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