EAT is up +49.38%% since April’24 pick View All Top Buy Picks

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 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CMICABLES.NS
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

CMICABLES Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 21, 2020 Sep 21, 2020 Sep 21, 2020 ₹0.500 1.36%
2 May 28, 2019 Sep 20, 2019 Oct 30, 2019 ₹1.00 1.80%
3 May 30, 2018 Nov 20, 2018 Dec 29, 2018 ₹1.00 0.627%
4 Jun 29, 2017 Dec 21, 2017 Jan 28, 2018 ₹1.00 0.381%

FAQ

What is the symbol for CMI Ltd Stock and on which exchange is it traded?
The symbol for CMI Ltd is CMICABLES.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell CMI Ltd Stock?
CMI Ltd 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 CMI Ltd Stock?
CMI Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy CMI Ltd Stock.

What's the current price of CMI Ltd Stock?
As of the end of day on the Jun 28, 2024, the price of an CMI Ltd (CMICABLES.NS) share was ₹4.99.

What is the 52-week high and low for CMI Ltd Stock?
The 52-week high for CMI Ltd Stock is ₹9.25 and the 52-week low is ₹4.53.

What is the market capitalization of CMI Ltd Stock?
As of the Jun 28, 2024, the market capitalization of CMI Ltd is 80.138M.

When is the next earnings date for CMI Ltd?
The upcoming earnings date for CMI Ltd is Nov 14, 2024.
Click to get the best stock tips daily for free!