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: [ 20 - 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 FARM
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Stronger technical forecast for Farmer Brothers Company stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Farmer Brothers Company stock price gained 2.00% on the last trading day (Thursday, 28th Mar 2024), rising from $3.50 to $3.57. During the last trading day the stock fluctuated 6.38% from a day low at $3.45 to a day high of $3.67. The price has risen in 6 of the last 10 days and is up by 4.69% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 46 thousand more shares were traded than the day before. In total, 76 thousand shares were bought and sold for approximately $270.51 thousand.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.10% during the next 3 months and, with a 90% probability hold a price between $3.36 and $4.18 at the end of this 3-month period.

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FARM Signals & Forecast

The Farmer Brothers Company stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $3.45 and $3.52. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 13.69%. Further rise is indicated until a new top pivot has been found. Farmer Brothers Company has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Monday, March 11, 2024 and based on theory for this formation the price should fall by -14.21% to $3.06 within 29 trading days since signal was issued (Monday, April 01, 2024).

Support, Risk & Stop-loss for Farmer Brothers Company stock

Farmer Brothers Company finds support from accumulated volume at $3.53 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 $0.220 between high and low, or 6.38%. For the last week, the stock has had daily average volatility of 4.30%.

Our recommended stop-loss: $3.42 (-4.14%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 8 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Farmer Brothers Company to open at $3.56, and during the day (based on 14 day Average True Range), to move between $3.37 and $3.77, which gives a possible trading interval of +/-$0.203 (+/-5.68%) up or down from last closing price. If Farmer Brothers Company takes out the full calculated possible swing range there will be an estimated 11.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $3.53 (1.12%) than the resistance at $3.63 (1.68%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Farmer Brothers Company stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Farmer Brothers Company stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.774 Buy Candidate Upgraded

Predicted Opening Price for Farmer Brothers Company of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$3.56 ( 0.187%) $3.57

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

Trading levels for FARM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.78 5.98 %
R2 3.70 3.62 %
R1 3.65 2.17 %
Current price: 3.57
Support S1 3.48 -2.54 %
S2 3.43 -4.00 %
S3 3.34 -6.35 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.78 5.88 %
R2 3.67 2.80 %
R1 3.63 1.68 %
Current price 3.57
Support S1 3.53 -1.12%
S2 3.51 -1.68%
S3 3.38 -5.32%

FARM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 15, 2010 Jan 26, 2011 Feb 14, 2011 $0.0600 0.428%
2 Sep 01, 2010 Oct 20, 2010 Nov 08, 2010 $0.115 0.678%
3 Jun 01, 2010 Jul 21, 2010 Aug 09, 2010 $0.115 0.663%
4 Mar 01, 2010 Apr 21, 2010 May 10, 2010 $0.115 0.593%
5 Dec 15, 2009 Jan 20, 2010 Feb 08, 2010 $0.115 0.688%

FAQ

What is the symbol for Farmer Brothers Company Stock and on which exchange is it traded?
The symbol for Farmer Brothers Company is FARM and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Farmer Brothers Company Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Farmer Brothers Company stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

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

What's the current price of Farmer Brothers Company Stock?
As of the end of day on the 2024-03-28, the price of an Farmer Brothers Company (FARM) share was $3.57.

What is the 52-week high and low for Farmer Brothers Company Stock?
The 52-week high for Farmer Brothers Company Stock is $4.04 and the 52-week low is $1.75.

What is the market capitalization of Farmer Brothers Company Stock?
As of the 2024-03-28, the market capitalization of Farmer Brothers Company is 73.76M.

When is the next earnings date for Farmer Brothers Company?
The upcoming earnings date for Farmer Brothers Company is May 08, 2024.
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About Farmer Brothers Company

Farmer Brothers Company Farmer Bros. Co. engages in the roasting, wholesale, equipment servicing, and distribution of coffee, tea, and culinary products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavoured and unflavoured iced and hot teas; culinary products, including spices, pancake and biscuit mixes, gravy and sauce mixes, soup bases, dressings, and syrups and sauces, as well as coffee filters, cups, sugar, and creamers; a... FARM Profile

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