Global X NASDAQ 100 Covered Call ETF (QYLD, $16.15) price may climb as it broke lower Bollinger Band on Apr 03, 2025

@Trading, #TechnicalAnalysis, #Bollinger, #Bullish, #ETFs
QYLD - Global X NASDAQ 100 Covered Call ETF
Bollinger signal
Bullish Trend
90%
Odds of UP Trend
Price: $16.15
Daily change: -$0.64 (-3.81%)
Daily volume: 17.6M
Net Assets: $8.4B

This price move could be a signal that QYLD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. A.I.dvisor backtested 51 similar cases where QYLD's price broke its lower Bollinger Band, and 46 of them led to a successful outcome. Odds of Success: 90%.