Invesco Water Resources ETF (PHO, $66.15) price may drop as it broke higher Bollinger Band on May 03, 2024

A.I.dvisor
at Tickeron.com
05/04/24
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PHO - Invesco Water Resources ETF
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $66.15
Daily change: +$0.72 (+1.1%)
Daily volume: 110.1K
Net Assets: $2.1B
This price move could be a signal that PHO 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 48 similar cases where PHO's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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PHODaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category NaturalResources

Profile
Fundamentals
Details
Category
Natural Resources
Address
Powershares Exchange Traded Fund Trust227 E Prairie AveWheaton
Phone
N/A
Web
www.invescopowershares.com