14-day Premium Trial Subscription Try For FreeTry Free

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 AETUF
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

ARC Resources Ltd stock price down 0.795% on Friday
(Updated on Jun 21, 2024)

Buy or Hold candidate since Jun 18, 2024 Loss -1.19% PDF

The ARC Resources Ltd stock price fell by -0.795% on the last day (Friday, 21st Jun 2024) from $17.62 to $17.48. During the last trading day the stock fluctuated 0.114% from a day low at $17.48 to a day high of $17.50. The price has fallen in 7 of the last 10 days and is down by -5.77% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -1 thousand shares and in total, 1 thousand shares were bought and sold for approximately $19.23 thousand.

The stock is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $17.33 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect ARC Resources Ltd stock with a 90% probability to be traded between $17.18 and $18.82 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.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

AETUF Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.81%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ARC Resources Ltd stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $17.56 and $18.34. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for ARC Resources Ltd stock

ARC Resources Ltd finds support from accumulated volume at $17.46 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 controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.0200 between high and low, or 0.114%. For the last week the stock has had daily average volatility of 0.560%.

Our recommended stop-loss: $16.38 (-6.31%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 27 days ago.)

Trading Expectations (AETUF) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect ARC Resources Ltd to open at $17.49, and during the day (based on 14 day Average True Range), to move between $17.13 and $17.83, which gives a possible trading interval of +/-$0.350 (+/-2.00%) up or down from last closing price. If ARC Resources Ltd takes out the full calculated possible swing range there will be an estimated 4.00% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $17.46 (0.11%) than the resistance at $18.28 (4.58%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ARC Resources Ltd stock A Buy?

ARC Resources Ltd 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.

Current score: -0.680 Hold/Accumulate Unchanged

Predicted Opening Price for ARC Resources Ltd of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
$17.49 ( 0.0381%) $17.48

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

Trading levels for AETUF

Fibonacci Support & Resistance Levels

Level Price
R3 17.51 0.153%
R2 17.50 0.109%
R1 17.49 0.0818%
Price 17.48
S1 17.48 -0.0056%
S2 17.47 -0.0326%
S3 17.47 -0.0763%

Accumulated Volume Support & Resistance Levels

Level Price
R3 18.90 8.12%
R2 18.80 7.55%
R1 18.28 4.58%
Price 17.48
S1 17.46 -0.114%
S2 17.44 -0.229%
S3 17.30 -1.03%

AETUF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 17, 2024 Jun 28, 2024 Jul 15, 2024 $0.124 0.715%
2 Mar 15, 2024 Mar 27, 2024 Apr 15, 2024 $0.125 0.685%
3 Dec 20, 2023 Dec 28, 2023 Jan 15, 2024 $0.127 0.784%
4 Sep 15, 2023 Sep 28, 2023 Oct 16, 2023 $0.130 0.81%
5 Jun 21, 2023 Jun 29, 2023 Jul 17, 2023 $0.128 0.92%

FAQ

What is the symbol for ARC Resources Ltd Stock and on which exchange is it traded?
The symbol for ARC Resources Ltd is AETUF and it is traded on the PINK (Pink Sheets).

Should I buy or sell ARC Resources Ltd Stock?
ARC Resources Ltd 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 ARC Resources Ltd Stock?
ARC Resources 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 ARC Resources Ltd Stock.

What's the current price of ARC Resources Ltd Stock?
As of the end of day on the Jun 21, 2024, the price of an ARC Resources Ltd (AETUF) share was $17.48.

What is the 52-week high and low for ARC Resources Ltd Stock?
The 52-week high for ARC Resources Ltd Stock is $19.16 and the 52-week low is $13.00.

What is the market capitalization of ARC Resources Ltd Stock?
As of the Jun 21, 2024, the market capitalization of ARC Resources Ltd is 10.529B.

When is the next earnings date for ARC Resources Ltd?
The upcoming earnings date for ARC Resources Ltd is Aug 07, 2024.
Click to get the best stock tips daily for free!

About ARC Resources Ltd

ARC Resources Ltd ARC Resources Ltd. explores, develops, and produces crude oil, natural gas, and natural gas liquids in Canada. The company holds interests in the Montney properties located in northeast British Columbia and northern Alberta; and Pembina Cardium properties in central Alberta. As of December 31, 2020, it had proved plus probable reserves of 929 millions of barrels of oil equivalent. ARC Resources Ltd. was founded in 1996 and is headquartered in Cal... AETUF Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT