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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: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 1297.HK
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1297 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 31, 2021 May 31, 2021 May 31, 2021 HK$0.242 15.51%
2 Mar 25, 2019 Jun 24, 2019 Jul 18, 2019 HK$0.0227 1.07%
3 Mar 26, 2018 Jun 15, 2018 Jul 12, 2018 HK$0.0341 1.17%
4 Mar 30, 2017 Jun 13, 2017 Jul 07, 2017 HK$0.0267 1.12%
5 Mar 20, 2016 Jul 04, 2016 Jul 20, 2016 HK$0.0228 0.633%

FAQ

What is the symbol for Sinosoft Technology Group Limited Stock and on which exchange is it traded?
The symbol for Sinosoft Technology Group Limited is 1297.HK and it is traded on the HKEX (Hong Kong Stock Exchange).

Should I buy or sell Sinosoft Technology Group Limited Stock?
Sinosoft Technology Group Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Sinosoft Technology Group Limited Stock?
Sinosoft Technology Group 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 Sinosoft Technology Group Limited Stock.

What's the current price of Sinosoft Technology Group Limited Stock?
As of the end of day on the May 03, 2024, the price of an Sinosoft Technology Group Limited (1297.HK) share was HK$0.325.

What is the 52-week high and low for Sinosoft Technology Group Limited Stock?
The 52-week high for Sinosoft Technology Group Limited Stock is HK$0.385 and the 52-week low is HK$0.231.

What is the market capitalization of Sinosoft Technology Group Limited Stock?
As of the May 03, 2024, the market capitalization of Sinosoft Technology Group Limited is 403.389M.
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About Sinosoft Technology Group Limited

Sinosoft Technology Group Limited Sinosoft Technology Group Limited, an investment holding company, engages in the development and promotion of software products and solutions in the People's Republic of China. It operates through Low Carbon & Ecology Software and Related Services, and Government Big Data Software and Related Services segments. The company provides e-government solutions and products that are used by government agencies at various administrative levels, including... 1297.HK Profile

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