Fibra Shop 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:
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
Fibra Shop stock price up more than 5.86% on Tuesday
(Updated on Jul 02, 2024)
The Fibra Shop stock price gained 5.86% on the last trading day (Tuesday, 2nd Jul 2024), rising from $6.14 to $6.50. During the last trading day the stock fluctuated 4.33% from a day low at $6.24 to a day high of $6.51. The price has fallen in 4 of the last 10 days but is still up by 5.01% 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, 88 thousand more shares were traded than the day before. In total, 88 thousand shares were bought and sold for approximately $571.49 thousand.
Given the current horizontal trend, you can expect Fibra Shop stock with a 90% probability to be traded between $5.77 and $6.54 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.
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FSHOP13.MX Signals & Forecast
The Fibra Shop 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 $6.20 and $6.19. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 15, 2024, and so far it has risen 14.04%. 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). Fibra Shop 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. The stock had a Golden Star Signal on Thursday, November 30, 2023 in the long-term chart.
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 Thursday, November 30, 2023 in the long-term chart.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 Fibra Shop stock
Fibra Shop finds support from accumulated volume at $6.28 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.270 between high and low, or 4.33%. For the last week the stock has had daily average volatility of 1.13%.
Our recommended stop-loss: $6.27 (-3.52%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 89 days ago.)
Trading Expectations (FSHOP13.MX) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Fibra Shop to open at $6.42, and during the day (based on 14 day Average True Range), to move between $6.40 and $6.60, which gives a possible trading interval of +/-$0.102 (+/-1.57%) up or down from last closing price. If Fibra Shop takes out the full calculated possible swing range there will be an estimated 3.14% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $6.28, some $0.220 (3.38%) from the current price of $6.50, our system finds the risk reward attractive.
Is Fibra Shop stock A Buy?
Fibra Shop 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.000 Hold/Accumulate Upgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Fibra Shop of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $6.42 ( 1.28%) | $6.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FSHOP13.MX
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 6.69 | 2.87% |
| R2 | 6.58 | 1.29% |
| R1 | 6.52 | 0.305% |
| Price | 6.50 | |
| S1 | 6.31 | -2.87% |
| S2 | 6.25 | -3.85% |
| S3 | 6.15 | -5.44% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 6.50 | |
| S1 | 6.28 | -3.38% |
| S2 | 6.24 | -4.00% |
| S3 | 6.23 | -4.15% |
FSHOP13 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 26, 2024 | Feb 26, 2024 | Feb 26, 2024 | $0.126 | 1.99% |
| 2 | Nov 07, 2023 | Nov 07, 2023 | Nov 07, 2023 | $0.114 | 1.88% |
| 3 | Aug 11, 2023 | Aug 11, 2023 | Aug 11, 2023 | $0.0667 | 1.11% |
| 4 | Apr 19, 2022 | Apr 19, 2022 | Apr 19, 2022 | $0.109 | 1.70% |
| 5 | Aug 13, 2021 | Aug 13, 2021 | Aug 13, 2021 | $0.164 | 2.43% |
FAQ
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