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 9233.T
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Green day on Tuesday for Asia Air Survey Co.,Ltd. stock after gaining 1.09%
(Updated on Jul 02, 2024)

Buy or Hold candidate since Jun 07, 2024 Gain 6.38% PDF

The Asia Air Survey Co.,Ltd. stock price gained 1.09% on the last trading day (Tuesday, 2nd Jul 2024), rising from JP¥1,105.00 to JP¥1,117.00. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.99% from a day low at JP¥1,107.00 to a day high of JP¥1,118.00. The price has risen in 8 of the last 10 days and is up by 3.91% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 thousand more shares were traded than the day before. In total, 17 thousand shares were bought and sold for approximately JP¥18.77 million.

The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at JP¥1,131.57 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Asia Air Survey Co.,Ltd. stock with a 90% probability to be traded between JP¥1,028.38 and JP¥1,139.60 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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9233.T Signals & Forecast

Mostly positive signals in the chart today. The Asia Air Survey Co.,Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at JP¥1,092.43 and JP¥1,068.40. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 9.72%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Asia Air Survey Co.,Ltd. stock

Asia Air Survey Co.,Ltd. finds support from accumulated volume at JP¥1,074.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved JP¥11.00 between high and low, or 0.99%. For the last week the stock has had daily average volatility of 0.94%.

Our recommended stop-loss: JP¥1,077.68 (-3.52%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 35 days ago.)

Trading Expectations (9233.T) For The Upcoming Trading Day Of Wednesday 3rd

For the upcoming trading day on Wednesday, 3rd we expect Asia Air Survey Co.,Ltd. to open at JP¥1,114.00, and during the day (based on 14 day Average True Range), to move between JP¥1,102.00 and JP¥1,132.00, which gives a possible trading interval of +/-JP¥15.00 (+/-1.34%) up or down from last closing price. If Asia Air Survey Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 2.68% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at JP¥1,121.00 (0.36%) than the support at JP¥1,074.00 (3.85%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Asia Air Survey Co.,Ltd. stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Asia Air Survey Co.,Ltd. stock to perform well in the short-term period.

Current score: 3.502 Buy Candidate Unchanged

Predicted Opening Price for Asia Air Survey Co.,Ltd. of Wednesday, July 3, 2024

Fair opening price July 3, 2024 Current price
JP¥1,114.00 ( 0.269%) JP¥1,117.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 9233.T

Fibonacci Support & Resistance Levels

Level Price
R3 1,125.00 0.716%
R2 1,120.80 0.340%
R1 1,118.20 0.108%
Price 1,117.00
S1 1,109.80 -0.645%
S2 1,107.20 -0.88%
S3 1,103.00 -1.25%

Accumulated Volume Support & Resistance Levels

Level Price
R3 1,127.00 0.90%
R2 1,123.00 0.537%
R1 1,121.00 0.358%
Price 1,117.00
S1 1,074.00 -3.85%
S2 1,051.00 -5.91%
S3 1,048.00 -6.18%

9233 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 27, 2024 Sep 27, 2024 Dec 01, 2024 JP¥37.00 3.31%
2 Mar 28, 2024 Mar 28, 2024 Jun 01, 2024 JP¥7.00 0.678%
3 Sep 28, 2023 Sep 28, 2023 Sep 28, 2023 JP¥30.00 3.34%
4 Sep 29, 2022 Sep 29, 2022 Sep 29, 2022 JP¥28.00 3.61%
5 Sep 29, 2021 Sep 29, 2021 Sep 29, 2021 JP¥14.00 1.49%

FAQ

What is the symbol for Asia Air Survey Co.,Ltd. Stock and on which exchange is it traded?
The symbol for Asia Air Survey Co.,Ltd. is 9233.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell Asia Air Survey Co.,Ltd. Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Asia Air Survey Co.,Ltd. stock to perform well in the short-term period.

How to buy Asia Air Survey Co.,Ltd. Stock?
Asia Air Survey Co.,Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Asia Air Survey Co.,Ltd. Stock.

What's the current price of Asia Air Survey Co.,Ltd. Stock?
As of the end of day on the Jul 02, 2024, the price of an Asia Air Survey Co.,Ltd. (9233.T) share was JP¥1,117.00.

What is the 52-week high and low for Asia Air Survey Co.,Ltd. Stock?
The 52-week high for Asia Air Survey Co.,Ltd. Stock is JP¥1,148.00 and the 52-week low is JP¥848.00.

What is the market capitalization of Asia Air Survey Co.,Ltd. Stock?
As of the Jul 02, 2024, the market capitalization of Asia Air Survey Co.,Ltd. is 20.11B.

When is the next earnings date for Asia Air Survey Co.,Ltd.?
The upcoming earnings date for Asia Air Survey Co.,Ltd. is Aug 08, 2024.
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About Asia Air Survey Co.,Ltd.

Asia Air Survey Co.Ltd. Asia Air Survey Co., Ltd., a construction consulting company, provides aerial surveying services and products in Japan and internationally. The company offers geospatial survey services, including space-borne remote sensing, aerial photography, airborne and mobile LiDAR surveying, UAV aerial surveying services, etc. It also engages in map-making, GIS data preparation, 3D model creation and visualization, LiDAR data analysis and visualization, adm... 9233.T Profile

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