First Trust Capital Strength ETF (FTCS, $89.45) price may drop as it broke higher Bollinger Band on May 02, 2025

@LargeBlend, #TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
FTCS - First Trust Capital Strength ETF
Bollinger signal
Bearish Trend
74%
Odds of DOWN Trend
Price: $89.45
Daily change: +$1.17 (+1.33%)
Daily volume: 204.4K
Net Assets: $8.2B

This price move could be a signal that FTCS 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 FTCS's price broke its higher Bollinger Band, and 35 of them led to a successful outcome. Odds of Success: 74%.