MFS Intermediate High Income Fund (CIF, $1.74) price may drop as it broke higher Bollinger Band on Jun 16, 2025

#TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
CIF - MFS Intermediate High Income Fund
Bollinger signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $1.74
Daily change: +$0.01 (+0.29%)
Daily volume: 45.1K
Net Assets: $32.9M

This price move could be a signal that CIF 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 45 similar cases where CIF's price broke its higher Bollinger Band, and 37 of them led to a successful outcome. Odds of Success: 82%.