UNIFI (UFI, $5.97) price may drop as it broke higher Bollinger Band on Apr 30, 2024

A.I.dvisor
at Tickeron.com
05/01/24
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UFI - UNIFI
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $5.97
Daily change: +$0.18 (+3.11%)
Daily volume: 152.7K
Capitalization: $108.4M
Industry: Textiles
This price move could be a signal that UFI 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 37 similar cases where UFI's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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UFIDaily Signal changed days agoGain/Loss if shorted
 
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published General Information

General Information

a producer of multi-filament polyester and nylon textured yarns

Industry Textiles

Profile
Fundamentals
Details
Industry
Textiles
Address
7201 West Friendly Avenue
Phone
+1 336 294-4410
Employees
2800
Web
https://www.unifi.com