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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 GBHL
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Red day on Friday for Global Entertainment Holdings, Inc. stock after losing 0%
(Updated on Jun 14, 2024)

Hold candidate since Jun 05, 2024 PDF

No changes to the price of Global Entertainment Holdings, Inc. stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0001 to a day high of $0.0001. The price has been going up and down for this period, and there has been a -80% loss for the last 2 weeks.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.00002595 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -44.75% during the next 3 months and, with a 90% probability hold a price between $0.00001433 and $0.0002 at the end of this 3-month period.

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GBHL Signals & Forecast

There are mixed signals in the stock today. The Global Entertainment Holdings, Inc. stock 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 $0.0001 and $0.0002. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Monday, June 03, 2024, 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). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation

Support, Risk & Stop-loss for Global Entertainment Holdings, Inc. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0 between high and low, or 0%. For the last week, the stock has had daily average volatility of 0%.

Our recommended stop-loss: $0.00009388 (-6.12%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 10 days ago.)

Trading Expectations (GBHL) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Global Entertainment Holdings, Inc. to open at $0.0001, and during the day (based on 14 day Average True Range), to move between $0.00006381 and $0.0001, which gives a possible trading interval of +/-$0.00003619 (+/-36.19%) up or down from last closing price. If Global Entertainment Holdings, Inc. takes out the full calculated possible swing range there will be an estimated 72.38% move between the lowest and the highest trading price during the day.

Is Global Entertainment Holdings, Inc. stock A Buy?

Global Entertainment Holdings, 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.

Current score: 0.000 Hold/Accumulate Unchanged

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 Global Entertainment Holdings, Inc. of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$0.0001 ( 0%) $0.0001

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

Trading levels for GBHL

Fibonacci Support & Resistance Levels

Level Price
R3 0.0001 -
R2 0.0001 -
R1 0.0001 -
Price 0.0001
S1 0.0001 -
S2 0.0001 -
S3 0.0001 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 0.0001
S1 0 -
S2 0 -
S3 0 -

FAQ

What is the symbol for Global Entertainment Holdings, Inc. Stock and on which exchange is it traded?
The symbol for Global Entertainment Holdings, Inc. is GBHL and it is traded on the PINK (Pink Sheets).

Should I buy or sell Global Entertainment Holdings, Inc. Stock?
Global Entertainment Holdings, 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 Global Entertainment Holdings, Inc. Stock?
Global Entertainment Holdings, 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 Global Entertainment Holdings, Inc. Stock.

What's the current price of Global Entertainment Holdings, Inc. Stock?
As of the end of day on the Jun 14, 2024, the price of an Global Entertainment Holdings, Inc. (GBHL) share was $0.0001.

What is the 52-week high and low for Global Entertainment Holdings, Inc. Stock?
The 52-week high for Global Entertainment Holdings, Inc. Stock is $0.0010 and the 52-week low is $0.0001.

What is the market capitalization of Global Entertainment Holdings, Inc. Stock?
As of the Jun 14, 2024, the market capitalization of Global Entertainment Holdings, Inc. is 57.053K.
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About Global Entertainment Holdings, Inc.

Global Entertainment Holdings. Global Entertainment Holdings, Inc. operates an independent entertainment content production and distribution company that connects with audiences through compelling motion picture content and social media websites. It produces, finances, and sells motion pictures and other entertainment related content. The company also distributes Hollywood classic movies, TV shows, and shorts and vintage cartoons; develops You've Got The Part, a social media w... GBHL Profile

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