ProShares Ultra Gold (UGL, $37.47) price may drop as it broke higher Bollinger Band on Jun 13, 2025

@Trading, #TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
UGL - ProShares Ultra Gold
Bollinger signal
Bearish Trend
89%
Odds of DOWN Trend
Price: $37.47
Daily change: +$0.95 (+2.59%)
Daily volume: 1.6M
Net Assets: $509.4M

This price move could be a signal that UGL 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 63 similar cases where UGL's price broke its higher Bollinger Band, and 56 of them led to a successful outcome. Odds of Success: 89%.