XAI Octagon Floating Rate and Alternative Income Trust (XFLT, $5.62) price may drop as it broke higher Bollinger Band on Sep 03, 2025

#TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
XFLT - XAI Octagon Floating Rate and Alternative Income Trust
Bollinger signal
Bearish Trend
87%
Odds of DOWN Trend
Price: $5.62
Daily change: +$0.06 (+1.08%)
Daily volume: 710.3K
Net Assets: $450.5M

This price move could be a signal that XFLT 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 XFLT's price broke its higher Bollinger Band, and 34 of them led to a successful outcome. Odds of Success: 87%.