Sprott Uranium Miners ETF (URNM, $34.3) price may drop as it broke higher Bollinger Band on Apr 24, 2025

@NaturalResources, #TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
URNM - Sprott Uranium Miners ETF
Bollinger signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $34.3
Daily change: +$1.64 (+5.02%)
Daily volume: 466K
Net Assets: $1.2B

This price move could be a signal that URNM 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 54 similar cases where URNM's price broke its higher Bollinger Band, and 45 of them led to a successful outcome. Odds of Success: 83%.