UVXY Stock ProShares Ultra VIX Short-Term Futures (UVXY, $27.83) price may drop as it broke higher Bollinger Band on Jul 24, 2024

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07/25/24

UVXY - ProShares Ultra VIX Short-Term Futures

Bollinger signal

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Odds of DOWN Trend

Price: $27.83

Daily change: +$4.69 (+20.27%)

Daily volume: 13.6M

Net Assets: $136.4M

This price move could be a signal that UVXY 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 35 similar cases where UVXY's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

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