Capital Appreciation Limited Stock Forecast
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](https://stockinvest.us/assets/img/legend/boll_tight.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Buy Pattern 2](https://stockinvest.us/assets/img/legend/boll_tight2.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Sell Pattern](https://stockinvest.us/assets/img/legend/boll_tight3.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
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
Evaluation of Capital Appreciation Limited stock downgraded after the last trading session.
(Updated on Jun 28, 2024)
No changes to the price of Capital Appreciation Limited stock on the last trading day (Friday, 28th Jun 2024). During the last trading day the stock fluctuated 1.68% from a day low at $119.00 to a day high of $121.00. The price has risen in 4 of the last 10 days.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Capital Appreciation Limited stock with a 90% probability to be traded between $115.13 and $128.03 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
CTA.JO Signals & Forecast
The Capital Appreciation Limited 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 $122.43. On a fall, the stock will find some support from the long-term average at approximately $117.83. 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. The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely. 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 Friday, June 21, 2024, and so far it has fallen -4.00%. 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). The stock had a Golden Star Signal on Wednesday, April 24, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, April 29, 2024.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Wednesday, April 24, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, April 29, 2024.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Wednesday, April 24, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, April 29, 2024.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Capital Appreciation Limited stock
Capital Appreciation Limited finds support from accumulated volume at $118.00 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.00 between high and low, or 1.68%. For the last week, the stock has had daily average volatility of 5.28%.
Our recommended stop-loss: $114.05 (-4.96%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 6 days ago.)
Trading Expectations (CTA.JO) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Capital Appreciation Limited to open at $120.00, and during the day (based on 14 day Average True Range), to move between $115.82 and $124.18, which gives a possible trading interval of +/-$4.18 (+/-3.48%) up or down from last closing price. If Capital Appreciation Limited takes out the full calculated possible swing range there will be an estimated 6.97% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $121.00 (0.83%) than the support at $118.00 (1.67%), 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 Capital Appreciation Limited stock A Buy?
Capital Appreciation Limited 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: 0.349 Hold/Accumulate Downgraded
Predicted Opening Price for Capital Appreciation Limited of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
$120.00 ( 0%) | $120.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CTA.JO
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 122.00 | 1.67% |
R2 | 121.24 | 1.03% |
R1 | 120.76 | 0.637% |
Price | 120.00 | |
S1 | 119.24 | -0.637% |
S2 | 118.76 | -1.03% |
S3 | 118.00 | -1.67% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 125.00 | 4.17% |
R2 | 124.00 | 3.33% |
R1 | 121.00 | 0.83% |
Price | 120.00 | |
S1 | 118.00 | -1.67% |
S2 | 116.00 | -3.33% |
S3 | 115.00 | -4.17% |
CTA Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 26, 2024 | Jun 26, 2024 | Jul 01, 2024 | $5.75 | 4.83% |
2 | Jan 03, 2024 | Jan 03, 2024 | Jan 08, 2024 | $4.25 | 3.40% |
3 | Jun 28, 2023 | Jun 28, 2023 | Jun 28, 2023 | $4.00 | 2.63% |
4 | Dec 21, 2022 | Dec 21, 2022 | Dec 21, 2022 | $4.25 | 2.93% |
5 | Jun 22, 2022 | Jun 22, 2022 | Jun 22, 2022 | $3.75 | 2.12% |
FAQ
Click here for our free guide on how to buy Capital Appreciation Limited Stock.