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.

ESTE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 23, 2023 Oct 30, 2023 Nov 06, 2023 $0.145 0.683%

FAQ

What is the symbol for Earthstone Energy Inc Stock and on which exchange is it traded?
The symbol for Earthstone Energy Inc is ESTE and it is traded on the NYSE (New York Stock Exchange).

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

What's the current price of Earthstone Energy Inc Stock?
As of the end of day on the Jan 30, 2024, the price of an Earthstone Energy Inc (ESTE) share was $21.17.

What is the 52-week high and low for Earthstone Energy Inc Stock?
The 52-week high for Earthstone Energy Inc Stock is $22.45 and the 52-week low is $11.32.

What is the market capitalization of Earthstone Energy Inc Stock?
As of the Jan 30, 2024, the market capitalization of Earthstone Energy Inc is 2.979B.
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About Earthstone Energy Inc

Earthstone Energy Earthstone Energy, Inc., an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. The company's asset portfolio includes the Midland Basin of West Texas, Delaware Basin in New Mexico, and the Eagle Ford trend of south Texas. As of December 31, 2021, it operated 120 gross Eagle Ford wells, as well as had 147,587 thousand barrels of oil equivalen... ESTE Profile

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