EarthLink Holdings Corp. Fund 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:
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
EarthLink Holdings Corp. fund price down 0% on Wednesday
(Updated on Mar 08, 2017)
No changes to the price of EarthLink Holdings Corp. fund on the last trading day (Wednesday, 8th Mar 2017). During the last trading day the fund fluctuated 0% from a day low at $5.63 to a day high of $5.63. The price has been going up and down for this period, and there has been a -3.1% loss for the last 2 weeks.
The fund is at the lower part of a wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $5.55 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect EarthLink Holdings Corp. fund with a 90% probability to be traded between $5.59 and $6.60 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 funds seldom manage to go directly from the bottom of a trend up to the top. Funds turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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ELNK Signals & Forecast
There are mixed signals in the fund today. The EarthLink Holdings Corp. fund 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 $5.63 and $5.96. A break-up above any of these levels will issue buy signals. 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". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Friday, February 24, 2017, and so far it has fallen 0%. 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).
Support, Risk & Stop-loss for EarthLink Holdings Corp. fund
EarthLink Holdings Corp. finds support from accumulated volume at $5.61 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ELNK) For The Upcoming Trading Day Of Thursday 9th
For the upcoming trading day on Thursday, 9th we expect EarthLink Holdings Corp. to open at $5.63, and during the day (based on 14 day Average True Range), to move between $5.55 and $5.71, which gives a possible trading interval of +/-$0.0842 (+/-1.49%) up or down from last closing price. If EarthLink Holdings Corp. takes out the full calculated possible swing range there will be an estimated 2.99% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $5.64 (0.18%) than the support at $5.61 (0.36%), 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 EarthLink Holdings Corp. fund A Buy?
EarthLink Holdings Corp. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this fund.
Current score: -1.351 Sell Candidate Unchanged
Predicted Opening Price for EarthLink Holdings Corp. of Thursday, March 9, 2017
| Fair opening price March 9, 2017 | Current price |
|---|---|
| $5.63 ( 0%) | $5.63 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ELNK
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5.63 | . | |
| R2 | 5.63 | . | ||
| R1 | 5.63 | . | ||
| Current price: | 5.63 | |||
| Support | S1 | 5.63 | . | |
| S2 | 5.63 | . | ||
| S3 | 5.63 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 6.20 | 10.12 % | |
| R2 | 5.85 | 3.91 % | ||
| R1 | 5.64 | 0.178 % | ||
| Current price | 5.63 | |||
| Support | S1 | 5.61 | -0.355% | |
| S2 | 5.57 | -1.07% | ||
| S3 | 5.54 | -1.60% |
FAQ
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