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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: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GNS
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Is Genius Group Limited stock still a buy after falling -6.84% on Tuesday?
(Updated on May 21, 2024)

Sell candidate since May 21, 2024 PDF

The Genius Group Limited stock price fell by -6.84% on the last day (Tuesday, 21st May 2024) from $0.336 to $0.313. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 9.35% from a day low at $0.307 to a day high of $0.336. The price has fallen in 7 of the last 10 days and is down by -19.52% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -6 million shares and in total, 3 million shares were bought and sold for approximately $1.01 million.

Given the current short-term trend, the stock is expected to rise 6.96% during the next 3 months and, with a 90% probability hold a price between $0.335 and $0.660 at the end of this 3-month period.

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GNS Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Genius Group Limited 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 $0.394 and $0.407. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 18, 2024, and so far it has fallen -46.69%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Genius Group Limited stock

Genius Group Limited finds support from accumulated volume at $0.313 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0287 between high and low, or 9.35%. For the last week the stock has had daily average volatility of 15.05%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (GNS) For The Upcoming Trading Day Of Wednesday 22nd

For the upcoming trading day on Wednesday, 22nd we expect Genius Group Limited to open at $0.319, and during the day (based on 14 day Average True Range), to move between $0.268 and $0.359, which gives a possible trading interval of +/-$0.0456 (+/-14.54%) up or down from last closing price. If Genius Group Limited takes out the full calculated possible swing range there will be an estimated 29.08% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.313 (0.16%) than the resistance at $0.326 (4.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Genius Group Limited stock A Buy?

The Genius Group Limited stock holds several negative signals and despite the positive trend, we believe Genius Group Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.125 Sell Candidate Downgraded

Predicted Opening Price for Genius Group Limited of Wednesday, May 22, 2024

Fair opening price May 22, 2024 Current price
$0.319 ( 1.69%) $0.313

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

Trading levels for GNS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.347 10.85 %
R2 0.336 7.35 %
R1 0.330 5.19 %
Current price: 0.313
Support S1 0.308 -1.81 %
S2 0.301 -3.97 %
S3 0.290 -7.47 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.388 23.68 %
R2 0.336 7.34 %
R1 0.326 4.02 %
Current price 0.313
Support S1 0.313 -0.160%
S2 0.293 -6.51%
S3 0.290 -7.47%

GNS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 12, 2006 Jul 25, 2006 Aug 01, 2006 $0.153 0%
2 Mar 14, 2006 Apr 24, 2006 May 01, 2006 $0.153 0%
3 Dec 19, 2005 Jan 25, 2006 Feb 01, 2006 $0.153 0%
4 Aug 11, 2005 Oct 25, 2005 Nov 01, 2005 $0.157 0%
5 Jan 14, 2005 Feb 25, 2005 Mar 16, 2005 $0.438 0%

FAQ

What is the symbol for Genius Group Limited Stock and on which exchange is it traded?
The symbol for Genius Group Limited is GNS and it is traded on the NYSEMKT (NYSE American).

Should I buy or sell Genius Group Limited Stock?
The Genius Group Limited stock holds several negative signals and despite the positive trend, we believe Genius Group Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

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

What's the current price of Genius Group Limited Stock?
As of the end of day on the May 21, 2024, the price of an Genius Group Limited (GNS) share was $0.313.

What is the 52-week high and low for Genius Group Limited Stock?
The 52-week high for Genius Group Limited Stock is $2.48 and the 52-week low is $0.238.

What is the market capitalization of Genius Group Limited Stock?
As of the May 21, 2024, the market capitalization of Genius Group Limited is 58.336M.

When is the next earnings date for Genius Group Limited?
The upcoming earnings date for Genius Group Limited is Jun 04, 2024.
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