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 of FIBK
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Stronger technical forecast for First Interstate BancSystem stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 2.49% PDF

The First Interstate BancSystem stock price fell by -1.52% on the last day (Thursday, 28th Mar 2024) from $27.63 to $27.21. During the last trading day the stock fluctuated 1.99% from a day low at $27.13 to a day high of $27.67. The price has risen in 6 of the last 10 days and is up by 8.75% over the past 2 weeks. Volume has increased on the last day by 186 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 874 thousand shares were bought and sold for approximately $23.77 million.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $27.56 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -14.08% during the next 3 months and, with a 90% probability hold a price between $19.40 and $23.68 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.

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FIBK Signals & Forecast

The First Interstate BancSystem stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $26.63 and $26.22. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 9.41%. Further rise is indicated until a new top pivot has been found. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for First Interstate BancSystem stock

First Interstate BancSystem finds support from accumulated volume at $26.66 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 $0.540 between high and low, or 1.99%. For the last week, the stock has had daily average volatility of 2.72%.

Our recommended stop-loss: $26.42 (-2.90%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 31 days ago.)

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

For the upcoming trading day on Monday, 1st we expect First Interstate BancSystem to open at $27.34, and during the day (based on 14 day Average True Range), to move between $26.39 and $28.03, which gives a possible trading interval of +/-$0.82 (+/-3.00%) up or down from last closing price. If First Interstate BancSystem takes out the full calculated possible swing range there will be an estimated 6.01% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $27.52 (1.14%) than the support at $26.66 (2.02%), 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 First Interstate BancSystem stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.207 Buy Candidate Upgraded

Predicted Opening Price for First Interstate BancSystem of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$27.34 ( 0.466%) $27.21

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

Trading levels for FIBK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 27.88 2.45 %
R2 27.67 1.69 %
R1 27.54 1.22 %
Current price: 27.21
Support S1 27.13 -0.293 %
S2 27.00 -0.761 %
S3 26.80 -1.52 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 28.48 4.67 %
R2 27.60 1.43 %
R1 27.52 1.14 %
Current price 27.21
Support S1 26.66 -2.02%
S2 26.09 -4.12%
S3 25.21 -7.35%

FIBK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 26, 2024 Feb 08, 2024 Feb 19, 2024 $0.470 1.79%
2 Oct 24, 2023 Nov 03, 2023 Nov 16, 2023 $0.470 1.84%
3 Jul 25, 2023 Aug 04, 2023 Aug 17, 2023 $0.470 1.76%
4 Apr 25, 2023 May 05, 2023 Aug 17, 2023 $0.470 1.76%
5 Jan 25, 2023 Feb 06, 2023 Feb 17, 2023 $0.470 1.27%

FAQ

What is the symbol for First Interstate BancSystem Stock and on which exchange is it traded?
The symbol for First Interstate BancSystem is FIBK and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell First Interstate BancSystem Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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

What's the current price of First Interstate BancSystem Stock?
As of the end of day on the 2024-03-28, the price of an First Interstate BancSystem (FIBK) share was $27.21.

What is the 52-week high and low for First Interstate BancSystem Stock?
The 52-week high for First Interstate BancSystem Stock is $32.54 and the 52-week low is $20.81.

What is the market capitalization of First Interstate BancSystem Stock?
As of the 2024-03-28, the market capitalization of First Interstate BancSystem is 2.828B.

When is the next earnings date for First Interstate BancSystem?
The upcoming earnings date for First Interstate BancSystem is Apr 24, 2024.
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About First Interstate BancSystem

First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential... FIBK Profile

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