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 AI Analysis of CRTO
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Criteo S.A. stock downgraded from Sell Candidate to Strong Sell Candidate after Friday trading session
(Updated on Nov 01, 2024)

Sell candidate since Oct 30, 2024 Loss -0.45%

The Criteo S.A. stock price fell by -0.713% on the last day (Friday, 1st Nov 2024) from $33.68 to $33.44. During the last trading day the stock fluctuated 2.89% from a day low at $33.25 to a day high of $34.21. The price has fallen in 6 of the last 10 days and is down by -21.98% 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 -133 thousand shares and in total, 850 thousand shares were bought and sold for approximately $28.42 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $33.08 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -20.13% during the next 3 months and, with a 90% probability hold a price between $26.42 and $33.35 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

CRTO Signals & Forecast

There are few to no technical positive signals at the moment. The Criteo S.A. 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 $38.09 and $40.46. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, October 17, 2024, and so far it has fallen -22.41%. 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 Criteo S.A. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.96 between high and low, or 2.89%. For the last week, the stock has had daily average volatility of 4.91%.

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

Trading Expectations (CRTO) For The Upcoming Trading Day Of Monday 4th

For the upcoming trading day on Monday, 4th we expect Criteo S.A. to open at $33.63, and during the day (based on 14 day Average True Range), to move between $31.68 and $35.20, which gives a possible trading interval of +/-$1.76 (+/-5.25%) up or down from last closing price. If Criteo S.A. takes out the full calculated possible swing range there will be an estimated 10.50% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $33.59, some $0.150 (0.45%) from the current price of $33.44, our system finds the risk reward not very attractive.

Is Criteo S.A. stock A Buy?

Criteo S.A. holds several negative signals and is within a very wide and 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -6.183 Strong Sell Candidate Downgraded

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Predicted Fair Opening Price

Predicted fair opening price on November 4, 2024 - $33.63 ( 0.578%).

Trading levels for CRTO

Fibonacci Support & Resistance Levels

Level Price
R3 34.59 3.45%
R2 34.23 2.35%
R1 34.00 1.67%
Price 33.44
S1 33.27 -0.519%
S2 33.04 -1.20%
S3 32.67 -2.29%

Accumulated Volume Support & Resistance Levels

Level Price
R3 39.11 16.96%
R2 33.68 0.718%
R1 33.59 0.449%
Price 33.44
S1 0 -
S2 0 -
S3 0 -

FAQ

What is the symbol for Criteo S.A. Stock and on which exchange is it traded?
The symbol for Criteo S.A. is CRTO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Criteo S.A. Stock?
Criteo S.A. holds several negative signals and is within a very wide and 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

How to buy Criteo S.A. Stock?
Criteo S.A. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Criteo S.A. Stock.

What's the current price of Criteo S.A. Stock?
As of the end of day on the Nov 01, 2024, the price of an Criteo S.A. (CRTO) share was $33.44.

What is the 52-week high and low for Criteo S.A. Stock?
The 52-week high for Criteo S.A. Stock is $49.93 and the 52-week low is $22.10.

What is the market capitalization of Criteo S.A. Stock?
As of the Nov 01, 2024, the market capitalization of Criteo S.A. is 1.834B.

When is the next earnings date for Criteo S.A.?
The upcoming earnings date for Criteo S.A. is Feb 05, 2025.
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ABOUT CRITEO S.A.
Criteo S.A.
Criteo S.A., a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, and Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties. Its Criteo AI Engine solutions include lookalike finder, recommendation, and predictive bidding algorithms; bidding en...
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