Virtus LifeSci Biotech Products ETF (BBP, $54.35) price may drop as it broke higher Bollinger Band on May 01, 2024

A.I.dvisor
at Tickeron.com
05/02/24
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BBP - Virtus LifeSci Biotech Products ETF
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $54.35
Daily change: +$1.38 (+2.61%)
Daily volume: 206
Net Assets: $18.5M
This price move could be a signal that BBP 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 46 similar cases where BBP's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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BBPDaily Signal changed days agoGain/Loss if shorted
 
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