BOIL Stock ProShares Ultra Bloomberg Natural Gas (BOIL, $16.23) price may drop as it broke higher Bollinger Band on May 09, 2024

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05/10/24

BOIL - ProShares Ultra Bloomberg Natural Gas

Bollinger signal

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Odds of DOWN Trend

Price: $16.23

Daily change: +$1 (+6.57%)

Daily volume: 7.3M

Net Assets: $550.7M

This price move could be a signal that BOIL 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 42 similar cases where BOIL's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

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