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 CIGI
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Colliers International Group Inc. stock price down 0.707% on Thursday
(Updated on Mar 28, 2024)

Buy candidate since Mar 20, 2024 Loss -0.30% PDF

The Colliers International Group Inc. stock price fell by -0.707% on the last day (Thursday, 28th Mar 2024) from $123.10 to $122.23. During the last trading day the stock fluctuated 1.57% from a day low at $122.16 to a day high of $124.08. The price has fallen in 6 of the last 10 days but is still up by 1.86% over the past 2 weeks. Volume has increased on the last day by 47 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 93 thousand shares were bought and sold for approximately $11.37 million.

The stock lies in the middle of a wide and weak 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 4.73% during the next 3 months and, with a 90% probability hold a price between $119.85 and $138.00 at the end of this 3-month period.

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CIGI Signals & Forecast

The Colliers International Group Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $122.26. On a fall, the stock will find some support from the long-term average at approximately $120.89. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 5.59%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Colliers International Group Inc. stock

Colliers International Group Inc. finds support from accumulated volume at $119.39 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 $1.92 between high and low, or 1.57%. For the last week the stock has had daily average volatility of 1.76%.

Our recommended stop-loss: $116.55 (-4.65%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 21 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Colliers International Group Inc. to open at $122.82, and during the day (based on 14 day Average True Range), to move between $119.63 and $124.83, which gives a possible trading interval of +/-$2.60 (+/-2.12%) up or down from last closing price. If Colliers International Group Inc. takes out the full calculated possible swing range there will be an estimated 4.25% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $122.31 (0.07%) than the support at $119.39 (2.32%), 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 Colliers International Group Inc. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Colliers International Group Inc. stock to perform well in the short-term.

Current score: 2.276 Buy Candidate Unchanged

Predicted Opening Price for Colliers International Group Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$122.82 ( 0.485%) $122.23

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

Trading levels for CIGI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 124.74 2.06 %
R2 124.01 1.46 %
R1 123.56 1.09 %
Current price: 122.23
Support S1 122.09 -0.115 %
S2 121.64 -0.485 %
S3 120.90 -1.09 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 128.85 5.42 %
R2 124.53 1.88 %
R1 122.31 0.0655 %
Current price 122.23
Support S1 119.39 -2.32%
S2 118.60 -2.97%
S3 118.26 -3.25%

CIGI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 05, 2023 Dec 28, 2023 Jan 12, 2024 $0.150 0.135%
2 May 16, 2023 Jun 29, 2023 Jul 14, 2023 $0.150 0.139%
3 Dec 06, 2022 Dec 29, 2022 Jan 13, 2023 $0.150 0.151%
4 May 17, 2022 Jun 29, 2022 Jul 14, 2022 $0.150 0.137%
5 Dec 07, 2021 Dec 30, 2021 Jan 12, 2022 $0.150 0.105%

FAQ

What is the symbol for Colliers International Group Inc. Stock and on which exchange is it traded?
The symbol for Colliers International Group Inc. is CIGI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Colliers International Group Inc. Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Colliers International Group Inc. stock to perform well in the short-term.

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

What's the current price of Colliers International Group Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Colliers International Group Inc. (CIGI) share was $122.23.

What is the 52-week high and low for Colliers International Group Inc. Stock?
The 52-week high for Colliers International Group Inc. Stock is $130.99 and the 52-week low is $83.38.

What is the market capitalization of Colliers International Group Inc. Stock?
As of the 2024-03-28, the market capitalization of Colliers International Group Inc. is 5.653B.

When is the next earnings date for Colliers International Group Inc.?
The upcoming earnings date for Colliers International Group Inc. is May 02, 2024.
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