SPDR® S&P Metals and Mining ETF (XME, $72.14) price may drop as it broke higher Bollinger Band on Jul 10, 2025

@NaturalResources, #TechnicalAnalysis, #Bollinger, #Bearish, #ETFs
XME - SPDR® S&P Metals and Mining ETF
Bollinger signal
Bearish Trend
88%
Odds of DOWN Trend
Price: $72.14
Daily change: +$3.65 (+5.33%)
Daily volume: 2.6M
Net Assets: $2B

This price move could be a signal that XME 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 60 similar cases where XME's price broke its higher Bollinger Band, and 53 of them led to a successful outcome. Odds of Success: 88%.