ProShares VIX Short-Term Futures (VIXY, $60.95) price may drop as it broke higher Bollinger Band on Apr 03, 2025

@Trading, #TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
VIXY - ProShares VIX Short-Term Futures
Bollinger signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $60.95
Daily change: +$12 (+24.51%)
Daily volume: 3.2M
Net Assets: $158.5M

This price move could be a signal that VIXY 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 36 similar cases where VIXY's price broke its higher Bollinger Band, and 36 of them led to a successful outcome. Odds of Success: 90%.