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 CRIS
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Evaluation of Curis stock downgraded after the last trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 27, 2024 PDF

No changes to the price of Curis stock on the last trading day (Thursday, 28th Mar 2024). During the last trading day the stock fluctuated 5.19% from a day low at $10.41 to a day high of $10.95. The price has risen in 6 of the last 10 days and is up by 6.67% over the past 2 weeks.

The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $10.83, a level that may pose a second chance to hit a runner. According to fan-theory $14.76 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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CRIS Signals & Forecast

The Curis 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 $10.66 and $10.25. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point".

Support, Risk & Stop-loss for Curis stock

Curis finds support from accumulated volume at $10.65 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.540 between high and low, or 5.19%. For the last week the stock has had daily average volatility of 6.23%.

Our recommended stop-loss: $10.45 (-3.88%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)

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

For the upcoming trading day on Monday, 1st we expect Curis to open at $10.74, and during the day (based on 14 day Average True Range), to move between $10.27 and $11.47, which gives a possible trading interval of +/-$0.597 (+/-5.49%) up or down from last closing price. If Curis takes out the full calculated possible swing range there will be an estimated 10.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $10.65 (2.02%) than the resistance at $11.70 (7.64%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Curis stock A Buy?

Curis 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: -0.465 Hold/Accumulate Downgraded

Predicted Opening Price for Curis of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$10.74 ( 1.17%) $10.87

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

Trading levels for CRIS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.28 3.80 %
R2 11.08 1.91 %
R1 10.95 0.733 %
Current price: 10.87
Support S1 10.54 -3.06 %
S2 10.41 -4.24 %
S3 10.20 -6.14 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 12.75 17.30 %
R2 12.60 15.92 %
R1 11.70 7.64 %
Current price 10.87
Support S1 10.65 -2.02%
S2 9.90 -8.92%
S3 9.10 -16.28%

FAQ

What is the symbol for Curis Stock and on which exchange is it traded?
The symbol for Curis is CRIS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

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

What's the current price of Curis Stock?
As of the end of day on the 2024-03-28, the price of an Curis (CRIS) share was $10.87.

What is the 52-week high and low for Curis Stock?
The 52-week high for Curis Stock is $15.11 and the 52-week low is $0.380.

What is the market capitalization of Curis Stock?
As of the 2024-03-28, the market capitalization of Curis is 64.069M.

When is the next earnings date for Curis?
The upcoming earnings date for Curis is May 02, 2024.
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About Curis

Curis Curis, Inc., a biotechnology company, engages in the discovery and development of drug candidates for the treatment of human cancers in the United States. Its clinical stage drug candidates include Emavusertib, an oral small molecule drug candidate, which is in a Phase 1/2 clinical trial for the treatment of non-hodgkin lymphomas, and acute myeloid leukemia and myelodysplastic syndromes; and CI-8993, a monoclonal antibody designed to antagonize t... CRIS Profile

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