Andrea Electronics Corp. 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
Andrea Electronics Corp. stock price ended at $0.0002 on Wednesday, after losing 0%.
(Updated on Jun 26, 2024)
No changes to the price of Andrea Electronics Corp. stock on the last trading day (Wednesday, 26th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0002 to a day high of $0.0002. The price has been going up and down for this period, and there has been a -50% loss for the last 2 weeks.
The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $0.0013 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. 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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ANDR Signals & Forecast
There are mixed signals in the stock today. The Andrea Electronics Corp. 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 $0.0002 and $0.0023. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has fallen 0%. 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).
Support, Risk & Stop-loss for Andrea Electronics Corp. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
In general the stock tends to have very controlled movements and therefore the general risk is considered very 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 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%
Our recommended stop-loss: $0.0002 (-6.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 23 days ago.)
Trading Expectations (ANDR) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Andrea Electronics Corp. to open at $0.0002, and during the day (based on 14 day Average True Range), to move between -$0.0003 and $0.0007, which gives a possible trading interval of +/-$0.0005 (+/-262.16%) up or down from last closing price. If Andrea Electronics Corp. takes out the full calculated possible swing range there will be an estimated 524.31% move between the lowest and the highest trading price during the day.
Is Andrea Electronics Corp. stock A Buy?
Andrea Electronics Corp. 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 Andrea Electronics Corp. of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| $0.0002 ( 0%) | $0.0002 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ANDR
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0002 | - |
| R2 | 0.0002 | - |
| R1 | 0.0002 | - |
| Price | 0.0002 | |
| S1 | 0.0002 | - |
| S2 | 0.0002 | - |
| S3 | 0.0002 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 0.0002 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
ANDR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 20, 1989 | Dec 20, 1989 | Dec 20, 1989 | $0.0130 | 1.27% |
| 2 | Sep 20, 1989 | Sep 20, 1989 | Sep 20, 1989 | $0.0180 | 1.18% |
| 3 | May 31, 1989 | May 31, 1989 | May 31, 1989 | $0.0180 | 1.82% |
| 4 | Feb 28, 1989 | Feb 28, 1989 | Feb 28, 1989 | $0.0180 | 1.71% |
| 5 | Nov 08, 1988 | Nov 08, 1988 | Nov 08, 1988 | $0.0180 | 1.99% |
FAQ
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