ProShares UltraPro Short S&P500 (SPXU, $28.35) price may drop as it broke higher Bollinger Band on Apr 03, 2025

@Trading, #TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
SPXU - ProShares UltraPro Short S&P500
Bollinger signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $28.35
Daily change: +$3.53 (+14.22%)
Daily volume: 18.6M
Net Assets: $582.1M

This price move could be a signal that SPXU 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 39 similar cases where SPXU's price broke its higher Bollinger Band, and 38 of them led to a successful outcome. Odds of Success: 90%.