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 AVPT
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Avepoint Inc - Class A stock upgraded to Buy Candidate.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Avepoint Inc - Class A stock price gained 0.126% on the last trading day (Thursday, 28th Mar 2024), rising from $7.91 to $7.92. 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 1.53% from a day low at $7.85 to a day high of $7.97. The price has risen in 7 of the last 10 days and is up by 1.8% 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, 153 thousand more shares were traded than the day before. In total, 702 thousand shares were bought and sold for approximately $5.56 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.15% during the next 3 months and, with a 90% probability hold a price between $7.17 and $7.90 at the end of this 3-month period. 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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AVPT Signals & Forecast

The Avepoint Inc - Class A 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 $7.89 and $7.85. 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 -1.37%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Avepoint Inc - Class A stock

Avepoint Inc - Class A finds support from accumulated volume at $7.91 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 $0.120 (1.53%) between high and low. For the last week, the stock has had daily average volatility of 2.31%.

Our recommended stop-loss: $7.57 (-4.39%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Avepoint Inc - Class A to open at $7.91, and during the day (based on 14 day Average True Range), to move between $7.70 and $8.14, which gives a possible trading interval of +/-$0.223 (+/-2.81%) up or down from last closing price. If Avepoint Inc - Class A takes out the full calculated possible swing range there will be an estimated 5.63% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $7.91 (0.13%) than the resistance at $7.97 (0.63%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Avepoint Inc - Class A stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.773 Buy Candidate Upgraded

Predicted Opening Price for Avepoint Inc - Class A of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$7.91 ( 0.0842%) $7.92

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

Trading levels for AVPT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.03 1.43 %
R2 7.99 0.85 %
R1 7.96 0.495 %
Current price: 7.92
Support S1 7.87 -0.663 %
S2 7.84 -1.02 %
S3 7.79 -1.60 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 8.17 3.16 %
R2 8.00 1.01 %
R1 7.97 0.631 %
Current price 7.92
Support S1 7.91 -0.126%
S2 7.77 -1.89%
S3 7.70 -2.78%

FAQ

What is the symbol for Avepoint Inc - Class A Stock and on which exchange is it traded?
The symbol for Avepoint Inc - Class A is AVPT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Avepoint Inc - Class A Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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

What's the current price of Avepoint Inc - Class A Stock?
As of the end of day on the 2024-03-28, the price of an Avepoint Inc - Class A (AVPT) share was $7.92.

What is the 52-week high and low for Avepoint Inc - Class A Stock?
The 52-week high for Avepoint Inc - Class A Stock is $8.61 and the 52-week low is $3.90.

What is the market capitalization of Avepoint Inc - Class A Stock?
As of the 2024-03-28, the market capitalization of Avepoint Inc - Class A is 1.456B.

When is the next earnings date for Avepoint Inc - Class A?
The upcoming earnings date for Avepoint Inc - Class A is May 08, 2024.
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About Avepoint Inc - Class A

Avepoint - Class A AvePoint, Inc. provides Microsoft 365 data management solutions worldwide. It offers SaaS platform cloud-hosted collaboration systems by providing suite of software products. The company focuses on data protection, governance, compliance management extensions for Microsoft 365, Dynamics 365, Salesforce, and Google Workspace. In addition, the company offers software solutions for Microsoft 365, including microsoft teams, sharepoint online, exchang... AVPT Profile

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