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 IINN
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Stronger technical forecast for Inspira Technologies Oxy B.H.N. Ltd. stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 13, 2024 Gain 82.29% PDF

The Inspira Technologies Oxy B.H.N. Ltd. stock price fell by -0.568% on the last day (Thursday, 28th Mar 2024) from $1.76 to $1.75. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 4.05% from a day low at $1.73 to a day high of $1.80. The price has fallen in 6 of the last 10 days but is still up by 1.74% over the past 2 weeks. 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 -51 thousand shares and in total, 86 thousand shares were bought and sold for approximately $150.61 thousand.

The stock lies in the middle of a very wide and strong 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 115.82% during the next 3 months and, with a 90% probability hold a price between $3.33 and $5.02 at the end of this 3-month period.

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IINN Signals & Forecast

The Inspira Technologies Oxy B.H.N. Ltd. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $1.79. On a fall, the stock will find some support from the long-term average at approximately $1.57. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 06, 2024, and so far it has fallen -12.50%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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. The stock had a Golden Star Signal on Friday, June 09, 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.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Friday, June 09, 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 Inspira Technologies Oxy B.H.N. Ltd. stock

On the downside, the stock finds support just below today's level from accumulated volume at $1.64 and $1.62. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Inspira Technologies Oxy B.H.N. Ltd. finds support just below today's level at $1.64. If this is broken, then the next support from accumulated volume will be at $1.62 and $1.51.

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 $0.0700 between high and low, or 4.05%. For the last week the stock has had daily average volatility of 6.52%.

Our recommended stop-loss: $1.66 (-5.08%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 16 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Inspira Technologies Oxy B.H.N. Ltd. to open at $1.76, and during the day (based on 14 day Average True Range), to move between $1.60 and $1.90, which gives a possible trading interval of +/-$0.150 (+/-8.58%) up or down from last closing price. If Inspira Technologies Oxy B.H.N. Ltd. takes out the full calculated possible swing range there will be an estimated 17.16% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.64 (6.29%) than the resistance at $1.87 (6.86%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Inspira Technologies Oxy B.H.N. Ltd. 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 Inspira Technologies Oxy B.H.N. Ltd. 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: 3.390 Buy Candidate Upgraded

Predicted Opening Price for Inspira Technologies Oxy B.H.N. Ltd. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$1.76 ( 0.571%) $1.75

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

Trading levels for IINN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.83 4.57 %
R2 1.80 3.04 %
R1 1.79 2.10 %
Current price: 1.75
Support S1 1.73 -0.96 %
S2 1.72 -1.90 %
S3 1.69 -3.43 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.00 14.29 %
R2 1.99 13.71 %
R1 1.87 6.86 %
Current price 1.75
Support S1 1.64 -6.29%
S2 1.62 -7.43%
S3 1.51 -13.71%

FAQ

What is the symbol for Inspira Technologies Oxy B.H.N. Ltd. Stock and on which exchange is it traded?
The symbol for Inspira Technologies Oxy B.H.N. Ltd. is IINN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Inspira Technologies Oxy B.H.N. Ltd. 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 Inspira Technologies Oxy B.H.N. Ltd. 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 Inspira Technologies Oxy B.H.N. Ltd. Stock?
Inspira Technologies Oxy B.H.N. Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Inspira Technologies Oxy B.H.N. Ltd. Stock.

What's the current price of Inspira Technologies Oxy B.H.N. Ltd. Stock?
As of the end of day on the 2024-03-28, the price of an Inspira Technologies Oxy B.H.N. Ltd. (IINN) share was $1.75.

What is the 52-week high and low for Inspira Technologies Oxy B.H.N. Ltd. Stock?
The 52-week high for Inspira Technologies Oxy B.H.N. Ltd. Stock is $2.49 and the 52-week low is $0.766.

What is the market capitalization of Inspira Technologies Oxy B.H.N. Ltd. Stock?
As of the 2024-03-28, the market capitalization of Inspira Technologies Oxy B.H.N. Ltd. is 27.391M.
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About Inspira Technologies Oxy B.H.N. Ltd.

Inspira Technologies Oxy B.H.N. Ltd. Inspira Technologies Oxy B.H.N. Ltd., a specialty medical device company, engages in the research, development, manufacture, and marketing of respiratory support technology to provide an alternative to invasive mechanical ventilation (MV) for the treatment of respiratory failure. Its lead product is the augmented respiration technology system (ART), a respiratory support system comprising minimally invasive, portable dual lumen cannula, which is ... IINN Profile

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