Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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1198 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 21, 2023 Jul 21, 2023 Jul 21, 2023 HK$0.0100 0.676%
2 Jun 29, 2022 Jun 29, 2022 Jun 29, 2022 HK$0.0400 1.42%
3 Jun 10, 2021 Jun 10, 2021 Jun 10, 2021 HK$0.0600 3.06%
4 Mar 28, 2013 May 22, 2013 Aug 23, 2013 HK$0.0055 1.45%
5 Mar 30, 2012 May 22, 2012 Jun 04, 2012 HK$0.0630 4.44%

FAQ

What is the symbol for Royale Furniture Holdings Limited Stock and on which exchange is it traded?
The symbol for Royale Furniture Holdings Limited is 1198.HK and it is traded on the HKEX (Hong Kong Stock Exchange).

Should I buy or sell Royale Furniture Holdings Limited Stock?
Royale Furniture Holdings Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Royale Furniture Holdings Limited Stock?
Royale Furniture Holdings Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Royale Furniture Holdings Limited Stock.

What's the current price of Royale Furniture Holdings Limited Stock?
As of the end of day on the Jul 03, 2024, the price of an Royale Furniture Holdings Limited (1198.HK) share was HK$0.450.

What is the 52-week high and low for Royale Furniture Holdings Limited Stock?
The 52-week high for Royale Furniture Holdings Limited Stock is HK$1.81 and the 52-week low is HK$0.410.

What is the market capitalization of Royale Furniture Holdings Limited Stock?
As of the Jul 03, 2024, the market capitalization of Royale Furniture Holdings Limited is 1.169B.
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About Royale Furniture Holdings Limited

Royale Home Holdings Limited, an investment holding company, engages in the manufacture and sale of furniture in the People's Republic of China. The company operates through Manufacture and Sale of Furniture; Development Properties for Sales and Property Investments; Hotel Operations; and Trading. It is also involved in the trading of commodities; rental of properties; manufacture and sale of foam; provision of decoration construction services; a... 1198.HK Profile

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