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MLPB Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending on February 18, 2025

A.I.dvisor
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Broadening Wedge Ascending
MLPB - UBS ETRACS Alerian MLPInfrs ETN SerB
Tickeron
Emerged: 02/18/25
Breakout: $26.93
Price: $27.46
Target price: $26.61
A.I.dvisor detected a bearish Broadening Wedge Ascending pattern for MLPB stock. This pattern was detected on February 18, 2025 . The odds of reaching the target price are 6. The Broadening Wedge Ascending pattern forms when a security price progressively makes higher highs (1, 3, 5) and higher lows (2, 4), following two widening trend lines. Consider selling the security short or buying a put option at the downward breakout price level, which is the last low that touches the bottom line (4).
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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