Invesco Aerospace & Defense ETF (PPA, $101.98) price may drop as it broke higher Bollinger Band on Apr 29, 2024

A.I.dvisor
at Tickeron.com
04/30/24
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PPA - Invesco Aerospace & Defense ETF
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $101.98
Daily change: +$1.07 (+1.06%)
Daily volume: 113.6K
Net Assets: $3.1B
This price move could be a signal that PPA 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 40 similar cases where PPA's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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PPADaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category Industrials

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