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 AMSF
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AMERISAFE stock price ended at $50.17 on Thursday, after gaining 0.97%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 26, 2024 Gain 1.58% PDF

The AMERISAFE stock price gained 0.97% on the last trading day (Thursday, 28th Mar 2024), rising from $49.69 to $50.17. It has now gained 3 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 1.12% from a day low at $49.85 to a day high of $50.41. The price has fallen in 6 of the last 10 days and is down by -0.87% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 59 thousand more shares were traded than the day before. In total, 174 thousand shares were bought and sold for approximately $8.71 million.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $49.53 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.69% during the next 3 months and, with a 90% probability hold a price between $54.83 and $60.57 at the end of this 3-month period.

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AMSF Signals & Forecast

There are mixed signals in the stock today. The AMERISAFE stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $50.97. On a fall, the stock will find some support from the short-term average at $49.89. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, March 06, 2024, and so far it has fallen -5.93%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell 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 AMERISAFE stock

AMERISAFE finds support from accumulated volume at $49.84 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.560 between high and low, or 1.12%. For the last week, the stock has had daily average volatility of 1.39%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (AMSF) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect AMERISAFE to open at $50.14, and during the day (based on 14 day Average True Range), to move between $49.26 and $51.08, which gives a possible trading interval of +/-$0.91 (+/-1.81%) up or down from last closing price. If AMERISAFE takes out the full calculated possible swing range there will be an estimated 3.62% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $49.84 (0.66%) than the resistance at $50.52 (0.70%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is AMERISAFE stock A Buy?

AMERISAFE holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.061 Sell Candidate Unchanged

Predicted Opening Price for AMERISAFE of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$50.14 ( 0.0532%) $50.17

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

Trading levels for AMSF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 50.70 1.06 %
R2 50.49 0.637 %
R1 50.36 0.373 %
Current price: 50.17
Support S1 49.93 -0.480 %
S2 49.80 -0.743 %
S3 49.58 -1.17 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 53.11 5.86 %
R2 50.53 0.718 %
R1 50.52 0.698 %
Current price 50.17
Support S1 49.84 -0.658%
S2 49.44 -1.46%
S3 49.39 -1.55%

AMSF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 19, 2024 Mar 07, 2024 Mar 22, 2024 $0.370 0.743%
2 Oct 24, 2023 Nov 30, 2023 Dec 15, 2023 $1.36 2.99%
3 Jul 25, 2023 Sep 07, 2023 Sep 22, 2023 $0.340 0.660%
4 Apr 25, 2023 Jun 15, 2023 Jun 23, 2023 $0.340 0.651%
5 Feb 17, 2023 Mar 09, 2023 Mar 24, 2023 $0.340 0.693%

FAQ

What is the symbol for AMERISAFE Stock and on which exchange is it traded?
The symbol for AMERISAFE is AMSF and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell AMERISAFE Stock?
AMERISAFE holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

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

What's the current price of AMERISAFE Stock?
As of the end of day on the 2024-03-28, the price of an AMERISAFE (AMSF) share was $50.17.

What is the 52-week high and low for AMERISAFE Stock?
The 52-week high for AMERISAFE Stock is $57.06 and the 52-week low is $45.34.

What is the market capitalization of AMERISAFE Stock?
As of the 2024-03-28, the market capitalization of AMERISAFE is 950.818M.

When is the next earnings date for AMERISAFE?
The upcoming earnings date for AMERISAFE is Apr 24, 2024.
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About AMERISAFE

AMERISAFE AMERISAFE, Inc., an insurance holding company, underwrites workers' compensation insurance in the United States. The company's workers' compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It serves small to mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommu... AMSF Profile

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