ProShares Online Retail ETF (ONLN, $40.16) price may drop as it broke higher Bollinger Band on May 02, 2024

A.I.dvisor
at Tickeron.com
05/03/24
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ONLN - ProShares Online Retail ETF
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $40.16
Daily change: +$1.75 (+4.56%)
Daily volume: 23.7K
Net Assets: $99.2M
This price move could be a signal that ONLN 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 45 similar cases where ONLN's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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ONLNDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category ConsumerDiscretionary

Profile
Fundamentals
Details
Category
Consumer Cyclical
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com