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

Apogee Enterprises stock price up 0.664% on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 14, 2024 Gain 9.39% PDF

The Apogee Enterprises stock price gained 0.664% on the last trading day (Wednesday, 27th Mar 2024), rising from $58.70 to $59.09. During the last trading day the stock fluctuated 0.511% from a day low at $58.99 to a day high of $59.29. The price has risen in 6 of the last 10 days and is up by 3.2% 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, 22 thousand more shares were traded than the day before. In total, 117 thousand shares were bought and sold for approximately $6.89 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 12.13% during the next 3 months and, with a 90% probability hold a price between $63.65 and $68.05 at the end of this 3-month period.

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

APOG Signals & Forecast

The Apogee Enterprises 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 $59.04 and $56.55. A breakdown below any of these levels will issue sell signals. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -1.94%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Apogee Enterprises stock

Apogee Enterprises finds support from accumulated volume at $57.18 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.301 (0.511%) between high and low. For the last week, the stock has had daily average volatility of 1.51%.

Our recommended stop-loss: $56.55 (-4.30%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (APOG) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Apogee Enterprises to open at $59.12, and during the day (based on 14 day Average True Range), to move between $58.06 and $60.12, which gives a possible trading interval of +/-$1.03 (+/-1.74%) up or down from last closing price. If Apogee Enterprises takes out the full calculated possible swing range there will be an estimated 3.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $59.56 (0.80%) than the support at $57.18 (3.23%), 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 Apogee Enterprises stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Apogee Enterprises stock to perform well in the short-term.

Current score: 4.452 Buy Candidate Unchanged

Predicted Opening Price for Apogee Enterprises of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$59.12 ( 0.0515%) $59.09

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

Trading levels for APOG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 59.42 0.561 %
R2 59.31 0.367 %
R1 59.24 0.246 %
Current price: 59.09
Support S1 59.01 -0.143 %
S2 58.93 -0.264 %
S3 58.82 -0.458 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 60.26 1.98 %
R1 59.56 0.795 %
Current price 59.09
Support S1 57.18 -3.23%
S2 56.73 -3.99%
S3 53.15 -10.05%

APOG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 11, 2024 Jan 29, 2024 Feb 14, 2024 $0.250 0.463%
2 Oct 06, 2023 Oct 23, 2023 Nov 08, 2023 $0.240 0.543%
3 Jun 22, 2023 Jul 11, 2023 Jul 27, 2023 $0.240 0.512%
4 Apr 19, 2023 May 08, 2023 May 24, 2023 $0.240 0.626%
5 Jan 12, 2023 Jan 30, 2023 Feb 15, 2023 $0.240 0.505%

FAQ

What is the symbol for Apogee Enterprises Stock and on which exchange is it traded?
The symbol for Apogee Enterprises is APOG and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Apogee Enterprises Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Apogee Enterprises stock to perform well in the short-term.

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

What's the current price of Apogee Enterprises Stock?
As of the end of day on the 2024-03-27, the price of an Apogee Enterprises (APOG) share was $59.09.

What is the 52-week high and low for Apogee Enterprises Stock?
The 52-week high for Apogee Enterprises Stock is $60.40 and the 52-week low is $36.62.

What is the market capitalization of Apogee Enterprises Stock?
As of the 2024-03-27, the market capitalization of Apogee Enterprises is 1.305B.

When is the next earnings date for Apogee Enterprises?
The upcoming earnings date for Apogee Enterprises is Apr 10, 2024.
Click to get the best stock tips daily for free!

About Apogee Enterprises

Apogee Enterprises Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and finishes the aluminum frames used in customized aluminum and glass window; curtain wall... APOG 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