GDL Stock GDL Fund (The) (GDL, $7.98) price may drop as it broke higher Bollinger Band on Mar 21, 2024

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GDL - GDL Fund (The)

Bollinger signal

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Odds of DOWN Trend

Price: $7.98

Daily change: +$0.05 (+0.63%)

Daily volume: 10.5K

Net Assets: $121.3M

This price move could be a signal that GDL 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 44 similar cases where GDL's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

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