SLVO Stock Credit Suisse X-Links Silver CovCall ETN (SLVO, $84.58) price may drop as it broke higher Bollinger Band on Jun 20, 2024

A.I.dvisor
at Tickeron.com
06/21/24
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SLVO - Credit Suisse X-Links Silver CovCall ETN
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $84.58
Daily change: +$2.29 (+2.78%)
Daily volume: 23.3K
Net Assets: $107.3M
This price move could be a signal that SLVO 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 SLVO's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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