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MLPB Stock Tickeron detected bullish ETF Pattern: Cup-and-Handle on May 19, 2025

A.I.dvisor
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Cup-and-Handle
MLPB - UBS ETRACS Alerian MLPInfrs ETN SerB
Tickeron
Emerged: 05/19/25
Breakout: $26.06
Price: $26.05
Target price: $27.8
A.I.dvisor detected a bullish Cup-and-Handle pattern for MLPB stock. This pattern was detected on May 19, 2025 . The odds of reaching the target price are 6. The Cup-and-Handle (sometimes called Cup-and-Holder) pattern is formed when the price of a security initially declines and then rises to form a “U”-like rounded shape (1, 2, 3, also known as the Cup). Once it forms the right lip, it is characterized by short, relatively straight price decline (from 3 to 4) forming the handle. Consider buying a security or call option at the upward breakout price/entry point. The confirmation move is when the security moves past the breakout price above the right cup lip.
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General Information

Category Energy

Profile
Fundamentals
Details
Category
Energy Limited Partnership
Address
Bahnhofstrasse 45P.O. BoxZürich
Phone
+41-44-234 41 00
Web
www.ubs.com/investor-relations