CMCM Stock Cheetah Mobile (CMCM, $4.59) price may drop as it broke higher Bollinger Band on May 17, 2024

A.I.dvisor
at Tickeron.com
05/18/24
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CMCM - Cheetah Mobile
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $4.59
Daily change: +$0.43 (+10.34%)
Daily volume: 40.5K
Capitalization: $137.2M
Industry: Internet Software/Services
This price move could be a signal that CMCM 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 42 similar cases where CMCM's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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CMCMDaily Signal changed days agoGain/Loss if shorted
 
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General Information

an investment holding company

Industry InternetSoftwareServices

Profile
Fundamentals
Details
Industry
Packaged Software
Address
Building No. 11
Phone
+86 1062927779
Employees
713
Web
https://www.cmcm.com