Xunlei (XNET, $1.64) price may drop as it broke higher Bollinger Band on Apr 29, 2024

A.I.dvisor
at Tickeron.com
04/30/24
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XNET - Xunlei Limited
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $1.64
Daily change: +$0.07 (+4.46%)
Daily volume: 65.7K
Capitalization: $106.1M
Industry: Advertising/Marketing Services
This price move could be a signal that XNET 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 38 similar cases where XNET's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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XNETDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a producer of an internet platform for digital media content

Industry AdvertisingMarketingServices

Profile
Fundamentals
Details
Industry
Internet Software Or Services
Address
3709 Baishi Road
Phone
+86 75586338443
Employees
918
Web
http://www.xunlei.com