OMFL Stock Invesco Russell 1000® Dynamic Mltfct ETF (OMFL, $53.94) price may drop as it broke higher Bollinger Band on May 09, 2024

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05/10/24

OMFL - Invesco Russell 1000® Dynamic Mltfct ETF

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Odds of DOWN Trend

Price: $53.94

Daily change: +$0.55 (+1.03%)

Daily volume: 401.3K

Net Assets: $6.2B

This price move could be a signal that OMFL 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 39 similar cases where OMFL's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

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