LTRX Stock Lantronix (LTRX, $4.1) price may drop as it broke higher Bollinger Band on May 16, 2024

A.I.dvisor
at Tickeron.com
05/17/24
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LTRX - Lantronix
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $4.1
Daily change: +$0.15 (+3.8%)
Daily volume: 347.9K
Industry: Telecommunications Equipment
This price move could be a signal that LTRX 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 47 similar cases where LTRX's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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LTRXDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a developer of secure communication technologies

Industry TelecommunicationsEquipment

Profile
Fundamentals
Details
Industry
Computer Communications
Address
48 Discovery
Phone
+1 949 453-3990
Employees
370
Web
https://www.lantronix.com