MBND Stock Tickeron detected bearish ETF Pattern: Broadening Top MBND on March 20, 2025, netting in a 2.91% gain over 1 month

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+2.91% Gain from a Successful pattern Broadening Top

MBND - SPDR® Nuveen Municipal Bond ETF

Ticker: MBND

Company: SPDR® Nuveen Municipal Bond ETF

Gain from shorting: +2.91%

Confirmed: 03/20/25

Succeeded: 04/07/25

Total length: 40 days

On February 26, 2025, A.I.dvisor detected a Broadening Top Pattern (Bearish) for SPDR® Nuveen Municipal Bond ETF (MBND, $27.70). 22 days later, on March 20, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 07, 2025, the stock hit the target price of $26.86 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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Category MuniNationalInterm

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