ProShares UltraShort Silver (ZSL, $14.74) price may drop as it broke higher Bollinger Band on Apr 30, 2024

A.I.dvisor
at Tickeron.com
05/01/24
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ZSL - ProShares UltraShort Silver
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $14.74
Daily change: +$0.89 (+6.43%)
Daily volume: 1.4M
Net Assets: $53.8M
This price move could be a signal that ZSL 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 34 similar cases where ZSL's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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ZSLDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Inverse Commodities
Address
ProShares Trust II7501 WISCONSIN AVEBethesda
Phone
240-497-6400
Web
www.proshares.com