FTEC Stock Fidelity MSCI Information Tech ETF (FTEC, $159.43) price may drop as it broke higher Bollinger Band on May 15, 2024

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05/16/24

FTEC - Fidelity MSCI Information Tech ETF

Bollinger signal

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Odds of DOWN Trend

Price: $159.43

Daily change: +$3.7 (+2.38%)

Daily volume: 187.8K

Net Assets: $9.6B

This price move could be a signal that FTEC 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 44 similar cases where FTEC's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

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