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.

FAQ

What is the symbol for Abraxas Petroleum Corporation Stock and on which exchange is it traded?
The symbol for Abraxas Petroleum Corporation is AXAS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Abraxas Petroleum Corporation Stock?
Abraxas Petroleum Corporation 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.

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

What's the current price of Abraxas Petroleum Corporation Stock?
As of the end of day on the 2023-09-20, the price of an Abraxas Petroleum Corporation (AXAS) share was $0.0347.

What is the 52-week high and low for Abraxas Petroleum Corporation Stock?
The 52-week high for Abraxas Petroleum Corporation Stock is $1.60 and the 52-week low is $0.0211.

What is the market capitalization of Abraxas Petroleum Corporation Stock?
As of the 2023-09-20, the market capitalization of Abraxas Petroleum Corporation is 10.272M.
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About Abraxas Petroleum Corporation

Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the United States. The company operates oil and gas assets in the Permian/Delaware Basin and the Rocky Mountain regions. As of December 31, 2021, its estimated net proved reserves were 14.8 million barrels of oil equivalent. The company was founded in 1977 and is based in San... AXAS Profile

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