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 CCBG
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Capital City Bank Group stock downgraded from Buy Candidate to Hold/Accumulate after Tuesday trading session.
(Updated on Jul 23, 2024)

Buy or Hold candidate since Jul 10, 2024 Gain 22.20% PDF

The Capital City Bank Group stock price gained 2.48% on the last trading day (Tuesday, 23rd Jul 2024), rising from $32.66 to $33.47. During the last trading day the stock fluctuated 4.09% from a day low at $32.54 to a day high of $33.87. The price has risen in 8 of the last 10 days and is up by 24.33% 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, 15 thousand more shares were traded than the day before. In total, 40 thousand shares were bought and sold for approximately $1.33 million.

The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $30.59, a level that may pose a second chance to hit a runner. According to fan-theory $33.74 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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CCBG Signals & Forecast

The Capital City Bank Group 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 $32.31 and $28.37. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, July 05, 2024, and so far it has risen 24.84%. 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). Capital City Bank Group 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.

Support, Risk & Stop-loss for Capital City Bank Group stock

Capital City Bank Group finds support from accumulated volume at $32.32 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.33 between high and low, or 4.09%. For the last week, the stock has had daily average volatility of 3.39%.

The Capital City Bank Group stock is extremely overbought on RSI14 (77). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stop-loss: $32.31 (-3.47%) (This stock has high daily movements and this gives high risk. The RSI14 is 77 and this increases the risk substantially. There is a buy signal from a pivot bottom found 16 days ago.)

Trading Expectations (CCBG) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Capital City Bank Group to open at $33.29, and during the day (based on 14 day Average True Range), to move between $32.54 and $34.40, which gives a possible trading interval of +/-$0.93 (+/-2.77%) up or down from last closing price. If Capital City Bank Group takes out the full calculated possible swing range there will be an estimated 5.54% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $32.32, some $1.15 (3.44%) from the current price of $33.47, our system finds the risk reward attractive.

Is Capital City Bank Group stock A Buy?

Capital City Bank Group 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Capital City Bank Group of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$33.29 ( 0.528%) $33.47

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

Trading levels for CCBG

Fibonacci Support & Resistance Levels

Level Price
R3 34.62 3.45%
R2 34.12 1.93%
R1 33.80 0.99%
Price 33.47
S1 32.79 -2.05%
S2 32.47 -2.98%
S3 31.96 -4.50%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 33.47
S1 32.32 -3.44%
S2 28.44 -15.03%
S3 27.22 -18.67%

CCBG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 30, 2024 Jun 10, 2024 Jun 24, 2024 $0.210 0.778%
2 Feb 29, 2024 Mar 08, 2024 Mar 25, 2024 $0.210 0.761%
3 Nov 16, 2023 Dec 01, 2023 Dec 18, 2023 $0.200 0.664%
4 Aug 24, 2023 Sep 08, 2023 Sep 25, 2023 $0.200 0.681%
5 May 25, 2023 Jun 02, 2023 Jun 20, 2023 $0.180 0.563%

FAQ

What is the symbol for Capital City Bank Group Stock and on which exchange is it traded?
The symbol for Capital City Bank Group is CCBG and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Capital City Bank Group Stock?
Capital City Bank Group 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

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

What's the current price of Capital City Bank Group Stock?
As of the end of day on the Jul 23, 2024, the price of an Capital City Bank Group (CCBG) share was $33.47.

What is the 52-week high and low for Capital City Bank Group Stock?
The 52-week high for Capital City Bank Group Stock is $33.87 and the 52-week low is $25.45.

What is the market capitalization of Capital City Bank Group Stock?
As of the Jul 23, 2024, the market capitalization of Capital City Bank Group is 553.313M.

When is the next earnings date for Capital City Bank Group?
The upcoming earnings date for Capital City Bank Group is Oct 22, 2024.
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About Capital City Bank Group

Capital City Bank Group Capital City Bank Group, Inc. operates as the financial holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients. The company offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services. It... CCBG Profile

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