MLPR Stock ETRACS Qrtly Py 1.5X Lvgd Aln MLP ETN (MLPR, $57.56) price may drop as it broke higher Bollinger Band on Jun 10, 2024

A.I.dvisor
at Tickeron.com
06/11/24
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MLPR - ETRACS Qrtly Py 1.5X Lvgd Aln MLP ETN
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $57.56
Daily change: +$1.19 (+2.1%)
Daily volume: 1.4K
Net Assets: $57.3M
This price move could be a signal that MLPR 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 34 similar cases where MLPR's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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