Arlo Technologies (ARLO, $12.87) price may drop as it broke higher Bollinger Band on May 02, 2024

A.I.dvisor
at Tickeron.com
05/03/24
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ARLO - Arlo Technologies
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $12.87
Daily change: +$0.74 (+6.1%)
Daily volume: 836.3K
Capitalization: $1.3B
Industry: Building Products
This price move could be a signal that ARLO 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 55 similar cases where ARLO's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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ARLODaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of security cameras and other smart home devices

Industry BuildingProducts

Profile
Fundamentals
Details
Industry
Electronics Or Appliances
Address
2200 Faraday Avenue
Phone
+1 408 890-3900
Employees
363
Web
https://www.arlo.com