ASA Gold AND Precious Metals (ASA, $33.63) price may drop as it broke higher Bollinger Band on Jun 02, 2025

#TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
ASA - ASA Gold AND Precious Metals Limited
Bollinger signal
Bearish Trend
85%
Odds of DOWN Trend
Price: $33.63
Daily change: +$1.98 (+6.26%)
Daily volume: 108.9K
Net Assets: $677.8M

This price move could be a signal that ASA 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 ASA's price broke its higher Bollinger Band, and 40 of them led to a successful outcome. Odds of Success: 85%.