Calamos Global Total Return Fund (CGO, $11.28) price may drop as it broke higher Bollinger Band on Jun 03, 2025

#TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
CGO - Calamos Global Total Return Fund
Bollinger signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $11.28
Daily change: +$0.08 (+0.67%)
Daily volume: 14.4K
Net Assets: $115.2M

This price move could be a signal that CGO 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 40 similar cases where CGO's price broke its higher Bollinger Band, and 37 of them led to a successful outcome. Odds of Success: 90%.