ProShares Ultra Bloomberg Crude Oil (UCO, $27.47) price may drop as it broke higher Bollinger Band on Jun 17, 2025

@Trading, #TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
UCO - ProShares Ultra Bloomberg Crude Oil
Bollinger signal
Bearish Trend
88%
Odds of DOWN Trend
Price: $27.47
Daily change: +$1.68 (+6.51%)
Daily volume: 8.2M
Net Assets: $487M

This price move could be a signal that UCO 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 40 similar cases where UCO's price broke its higher Bollinger Band, and 35 of them led to a successful outcome. Odds of Success: 88%.