UBS ETRACS Silver Shares Covered CallETN (SLVO, $80.25) entered Uptrend as Momentum indicator ascends above 0 level on Mar 05, 2025

@CommoditiesBroadBasket, #TechnicalAnalysis, #Momentum, #Bullish, #ETFs
SLVO - UBS ETRACS Silver Shares Covered CallETN
Momentum signal
Bullish Trend
90%
Odds of UP Trend
Price: $80.25
Daily change: +$1.75 (+2.23%)
Daily volume: 11.9K
Net Assets: $107.3M

This indicator may be signaling that SLVO's price has momentum to move higher, since its current price exceeds the price logged 14 days ago. Traders may consider buying the stock or exploring call options. A.I.dvisor backtested 71 similar cases where SLVO's Momentum Indicator exceeded 0, and 66 of them led to a successful outcome. Odds of Success: 90%.