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 AUDC
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AudioCodes Ltd. stock price ended at $13.04 on Thursday, after gaining 0.154%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 26, 2024 Loss -1.51% PDF

The AudioCodes Ltd. stock price gained 0.154% on the last trading day (Thursday, 28th Mar 2024), rising from $13.02 to $13.04. During the last trading day the stock fluctuated 2.29% from a day low at $12.89 to a day high of $13.18. The price has been going up and down for this period, and there has been a 1.32% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 24 thousand more shares were traded than the day before. In total, 82 thousand shares were bought and sold for approximately $1.07 million.

The stock lies in the middle of a wide and 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 15.11% during the next 3 months and, with a 90% probability hold a price between $14.37 and $17.34 at the end of this 3-month period.

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AUDC Signals & Forecast

AudioCodes Ltd. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The AudioCodes Ltd. 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 $13.22 and $13.34. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, February 06, 2024, and so far it has fallen -6.19%. 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).

Support, Risk & Stop-loss for AudioCodes Ltd. stock

On the downside, the stock finds support just below today's level from accumulated volume at $12.17 and $11.52. 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, AudioCodes Ltd. finds support just below today's level at $12.17. If this is broken, then the next support from accumulated volume will be at $11.52 and $11.19.

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 $0.295 between high and low, or 2.29%. For the last week, the stock has had daily average volatility of 2.80%.

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

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

For the upcoming trading day on Monday, 1st we expect AudioCodes Ltd. to open at $13.04, and during the day (based on 14 day Average True Range), to move between $12.63 and $13.45, which gives a possible trading interval of +/-$0.414 (+/-3.17%) up or down from last closing price. If AudioCodes Ltd. takes out the full calculated possible swing range there will be an estimated 6.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $13.65 (4.68%) than the support at $12.17 (6.67%), 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 AudioCodes Ltd. stock A Buy?

The AudioCodes Ltd. stock holds several negative signals and despite the positive trend, we believe AudioCodes Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -4.232 Sell Candidate Unchanged

Predicted Opening Price for AudioCodes Ltd. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$13.04 ( 0.0383%) $13.04

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

Trading levels for AUDC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 13.33 2.22 %
R2 13.22 1.36 %
R1 13.15 0.83 %
Current price: 13.04
Support S1 12.92 -0.90 %
S2 12.85 -1.44 %
S3 12.74 -2.30 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 13.90 6.60 %
R2 13.67 4.83 %
R1 13.65 4.68 %
Current price 13.04
Support S1 12.17 -6.67%
S2 11.52 -11.66%
S3 11.19 -14.19%

AUDC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 06, 2024 Feb 20, 2024 Mar 06, 2024 $0.180 1.32%
2 Feb 16, 2024 Feb 16, 2024 Mar 06, 2024 $0.180 1.32%
3 Aug 01, 2023 Aug 17, 2023 Aug 31, 2023 $0.180 1.74%
4 Aug 01, 2023 Aug 16, 2023 Aug 31, 2023 $0.180 1.74%
5 Feb 21, 2023 Feb 21, 2023 Feb 21, 2023 $0.180 1.05%

FAQ

What is the symbol for AudioCodes Ltd. Stock and on which exchange is it traded?
The symbol for AudioCodes Ltd. is AUDC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell AudioCodes Ltd. Stock?
The AudioCodes Ltd. stock holds several negative signals and despite the positive trend, we believe AudioCodes Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

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

What's the current price of AudioCodes Ltd. Stock?
As of the end of day on the 2024-03-28, the price of an AudioCodes Ltd. (AUDC) share was $13.04.

What is the 52-week high and low for AudioCodes Ltd. Stock?
The 52-week high for AudioCodes Ltd. Stock is $15.08 and the 52-week low is $7.14.

What is the market capitalization of AudioCodes Ltd. Stock?
As of the 2024-03-28, the market capitalization of AudioCodes Ltd. is 397.199M.

When is the next earnings date for AudioCodes Ltd.?
The upcoming earnings date for AudioCodes Ltd. is May 14, 2024.
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About AudioCodes Ltd.

AudioCodes Ltd. AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace. The company offers solutions, products, and services for unified communications, contact centers, VoiceAI business line, and service provider business. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, I... AUDC Profile

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