Ambipar Participações e Stock Forecast
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:
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
High volatility in Ambipar Participações e stock price on Tuesday which ended trading at R$16.65
(Updated on Jul 02, 2024)
The Ambipar Participações e stock price gained 13.65% on the last trading day (Tuesday, 2nd Jul 2024), rising from R$14.65 to R$16.65. It has now gained 8 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 21.12% from a day low at R$14.16 to a day high of R$17.15. The price has risen in 9 of the last 10 days and is up by 93.16% 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, 4 thousand more shares were traded than the day before. In total, 8 million shares were bought and sold for approximately R$127.81 million.
Given the current short-term trend, the stock is expected to fall -10.88% during the next 3 months and, with a 90% probability hold a price between R$6.48 and R$14.84 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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AMBP3.SA Signals & Forecast
The Ambipar Participações e 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 R$12.66 and R$9.72. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, May 28, 2024, and so far it has risen 106.83%. 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 Ambipar Participações e stock
On the downside, the stock finds support just below today's level from accumulated volume at R$14.65 and R$12.90. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Ambipar Participações e finds support just below today's level at R$14.65. If this is broken, then the next support from accumulated volume will be at R$12.90 and R$12.52.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved R$2.99 between high and low, or 21.12%. For the last week, the stock has had daily average volatility of 14.29%.
The Ambipar Participações e stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs. Since the Ambipar Participações e has been rising for 8 days in a row, the risk over the next couple of days has increased. As we cannot be certain with regards to the size of the reaction, we urge caution.
Our recommended stop-loss: R$16.13 (-3.10%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 95 and this increases the risk substantially. There is a buy signal from a pivot bottom found 30 days ago.)
Trading Expectations (AMBP3.SA) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Ambipar Participações e Empreendimentos S.A. to open at R$15.99, and during the day (based on 14 day Average True Range), to move between R$15.68 and R$17.62, which gives a possible trading interval of +/-R$0.97 (+/-5.85%) up or down from last closing price. If Ambipar Participações e Empreendimentos S.A. takes out the full calculated possible swing range there will be an estimated 11.70% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ R$14.65, some R$2.00 (12.01%) from the current price of R$16.65, our system finds the risk reward attractive.
Is Ambipar Participações e Empreendimentos S.A. stock A Buy?
Ambipar Participações e 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.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Ambipar Participações e Empreendimentos S.A. of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| R$15.99 ( 3.98%) | R$16.65 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AMBP3.SA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 18.98 | 13.97% |
| R2 | 17.83 | 7.11% |
| R1 | 17.13 | 2.88% |
| Price | 16.65 | |
| S1 | 14.84 | -10.84% |
| S2 | 14.14 | -15.08% |
| S3 | 13.00 | -21.94% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 16.65 | |
| S1 | 14.65 | -12.01% |
| S2 | 12.90 | -22.52% |
| S3 | 12.52 | -24.80% |
AMBP3 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2023 | May 16, 2023 | May 16, 2023 | R$0.134 | 0.706% |
| 2 | May 02, 2023 | May 02, 2023 | May 02, 2023 | R$0.134 | 0.699% |
| 3 | May 05, 2022 | May 05, 2022 | May 05, 2022 | R$0.303 | 0.88% |
| 4 | May 02, 2022 | May 02, 2022 | May 02, 2022 | R$0.303 | 0.88% |
| 5 | May 03, 2021 | May 03, 2021 | May 03, 2021 | R$0.0943 | 0.331% |
FAQ
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