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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.
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Red day on Friday for CapitaLand Integrated Commercial Trust stock after losing 0.513%
(Updated on Jun 14, 2024)

Sell candidate since Jun 11, 2024 Gain 0.52% PDF

The CapitaLand Integrated Commercial Trust stock price fell by -0.513% on the last day (Friday, 14th Jun 2024) from S$1.95 to S$1.94. During the last trading day the stock fluctuated 2.07% from a day low at S$1.93 to a day high of S$1.97. The price has risen in 4 of the last 10 days but is still down by -1.02% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 million shares and in total, 14 million shares were bought and sold for approximately S$27.43 million.

The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect CapitaLand Integrated Commercial Trust stock with a 90% probability to be traded between S$1.88 and S$2.02 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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C38U.SI Signals & Forecast

There are few to no technical positive signals at the moment. The CapitaLand Integrated Commercial Trust 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 S$1.96 and S$1.96. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, June 07, 2024, and so far it has fallen -3.00%. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for CapitaLand Integrated Commercial Trust stock

CapitaLand Integrated Commercial Trust finds support from accumulated volume at S$1.93 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved S$0.0400 between high and low, or 2.07%. For the last week the stock has had daily average volatility of 1.76%.

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

Trading Expectations (C38U.SI) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect CapitaLand Integrated Commercial Trust to open at S$1.95, and during the day (based on 14 day Average True Range), to move between S$1.91 and S$1.97, which gives a possible trading interval of +/-S$0.0326 (+/-1.68%) up or down from last closing price. If CapitaLand Integrated Commercial Trust takes out the full calculated possible swing range there will be an estimated 3.36% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at S$1.95 (0.52%) than the support at S$1.93 (0.52%), 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 CapitaLand Integrated Commercial Trust stock A Buy?

CapitaLand Integrated Commercial Trust holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.481 Sell Candidate Unchanged

Predicted Opening Price for CapitaLand Integrated Commercial Trust of Tuesday, June 18, 2024

Fair opening price June 18, 2024 Current price
S$1.95 ( 0.344%) S$1.94

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

Trading levels for C38U.SI

Fibonacci Support & Resistance Levels

Level Price
R3 1.99 2.41%
R2 1.97 1.62%
R1 1.96 1.13%
Price 1.94
S1 1.93 -0.444%
S2 1.92 -0.93%
S3 1.91 -1.72%

Accumulated Volume Support & Resistance Levels

Level Price
R3 1.99 2.58%
R2 1.97 1.55%
R1 1.95 0.515%
Price 1.94
S1 1.93 -0.515%
S2 1.92 -1.03%
S3 1.87 -3.61%

C38U Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 14, 2024 Feb 14, 2024 Mar 28, 2024 S$0.0545 2.75%
2 Aug 08, 2023 Aug 08, 2023 Aug 08, 2023 S$0.0530 2.73%
3 Feb 08, 2023 Feb 08, 2023 Feb 08, 2023 S$0.0536 2.68%
4 Aug 04, 2022 Aug 04, 2022 Aug 04, 2022 S$0.0522 2.45%
5 Feb 08, 2022 Feb 08, 2022 Mar 15, 2022 S$0.0037 0.172%

FAQ

What is the symbol for CapitaLand Integrated Commercial Trust Stock and on which exchange is it traded?
The symbol for CapitaLand Integrated Commercial Trust is C38U.SI and it is traded on the SES (Singapore Stock Exchange).

Should I buy or sell CapitaLand Integrated Commercial Trust Stock?
CapitaLand Integrated Commercial Trust holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

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

What's the current price of CapitaLand Integrated Commercial Trust Stock?
As of the end of day on the Jun 14, 2024, the price of an CapitaLand Integrated Commercial Trust (C38U.SI) share was S$1.94.

What is the 52-week high and low for CapitaLand Integrated Commercial Trust Stock?
The 52-week high for CapitaLand Integrated Commercial Trust Stock is S$2.08 and the 52-week low is S$1.68.

What is the market capitalization of CapitaLand Integrated Commercial Trust Stock?
As of the Jun 14, 2024, the market capitalization of CapitaLand Integrated Commercial Trust is 13.065B.

When is the next earnings date for CapitaLand Integrated Commercial Trust?
The upcoming earnings date for CapitaLand Integrated Commercial Trust is Jul 30, 2024.
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