Aralez Pharmaceuticals Inc Fund 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
Red day on Tuesday for Aralez Pharmaceuticals Inc
(Updated on Sep 18, 2018)
No changes to the price of Aralez Pharmaceuticals Inc fund on the last trading day (Tuesday, 18th Sep 2018). During the last trading day the fund fluctuated 0% from a day low at $0.0345 to a day high of $0.0345. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The fund lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Due to the high volatility and the trend direction we are not able to give forecast range for this stock.
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ARLZ Signals & Forecast
There are mixed signals in the fund today. The Aralez Pharmaceuticals Inc fund 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 $0.0345 and $0.0985. 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, August 20, 2018, 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 Aralez Pharmaceuticals Inc fund
There is no support from accumulated volume below today's level and given the right condition the fund may perform very badly in the next couple of days.
In general the fund 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 fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ARLZ) For The Upcoming Trading Day Of Wednesday 19th
For the upcoming trading day on Wednesday, 19th we expect Aralez Pharmaceuticals Inc to open at $0.0345, and during the day (based on 14 day Average True Range), to move between $0.0242 and $0.0448, which gives a possible trading interval of +/-$0.0103 (+/-29.85%) up or down from last closing price. If Aralez Pharmaceuticals Inc takes out the full calculated possible swing range there will be an estimated 59.70% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $0.0429, some $0.0084 (24.35%) from the current price of $0.0345, our system finds the risk reward not very attractive.
Is Aralez Pharmaceuticals Inc fund A Buy?
Aralez Pharmaceuticals Inc 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 fund.
Current score: -3.900 Sell Candidate Unchanged
Predicted Opening Price for Aralez Pharmaceuticals Inc of Wednesday, September 19, 2018
| Fair opening price September 19, 2018 | Current price |
|---|---|
| $0.0345 ( 0%) | $0.0345 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ARLZ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0345 | . | |
| R2 | 0.0345 | . | ||
| R1 | 0.0345 | . | ||
| Current price: | 0.0345 | |||
| Support | S1 | 0.0345 | . | |
| S2 | 0.0345 | . | ||
| S3 | 0.0345 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0.0429 | 24.35 % | ||
| Current price | 0.0345 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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