Fidelity MSCI Real Estate ETF (FREL, $27.23) price may drop as it broke higher Bollinger Band on May 02, 2025

@RealEstate, #TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
FREL - Fidelity MSCI Real Estate ETF
Bollinger signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $27.23
Daily change: +$0.34 (+1.26%)
Daily volume: 165.3K
Net Assets: $1B

This price move could be a signal that FREL 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 43 similar cases where FREL's price broke its higher Bollinger Band, and 37 of them led to a successful outcome. Odds of Success: 86%.