Blackrock Energy and Resources Trust (BGR, $12.75) price may drop as it broke higher Bollinger Band on May 12, 2025

#TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
BGR - Blackrock Energy and Resources Trust
Bollinger signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $12.75
Daily change: +$0.27 (+2.16%)
Daily volume: 91.3K
Net Assets: $339.1M

This price move could be a signal that BGR 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 41 similar cases where BGR's price broke its higher Bollinger Band, and 34 of them led to a successful outcome. Odds of Success: 83%.