The volume for iShares Convertible Bond ETF (ICVT) stock increased for one day, resulting in a record-breaking daily growth of 266% of the 65-Day Volume Moving Average

@Convertibles, #Volume, #Bullish, #ETFs
ICVT - iShares Convertible Bond ETF (ICVT)
Record Volume
Bullish Trend
90%
Odds of UP Trend
Price: $101.68
Daily change: +$1.17 (+1.16%)
Daily volume: 2.7M
Net Assets: $7.2B

This one-day volume growth resulted in a record-breaking increase of 266%, as compared to the 65-Day Volume Moving Average. ICVT's total volume now sits at 2.7M. The +1.16% price change was insignificant, leaving ICVT's price at $101.68. This volume move could indicate a change in trend, and may be a buy signal for investors. A.I.dvisor found 48 similar cases, 45 of which were successful. Based on this data, the odds of success are +90%.