VanEck Uranium & Nuclear ETF (NLR, $109.76) price may drop as it broke higher Bollinger Band on Jun 16, 2025

@MiscellaneousSector, #TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
NLR - VanEck Uranium & Nuclear ETF
Bollinger signal
Bearish Trend
87%
Odds of DOWN Trend
Price: $109.76
Daily change: +$4.73 (+4.5%)
Daily volume: 710.3K
Net Assets: $1.5B

This price move could be a signal that NLR 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 NLR's price broke its higher Bollinger Band, and 39 of them led to a successful outcome. Odds of Success: 87%.