Interval Leisure Group Fund 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
Red day on Tuesday for Interval Leisure Group
(Updated on Sep 18, 2018)
No changes to the price of Interval Leisure Group fund on the last trading day (Tuesday, 18th Sep 2018). During the last trading day the fund fluctuated 0% from a day low at $34.13 to a day high of $34.13. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The fund lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the fund is expected to rise 2.82% during the next 3 months and, with a 90% probability hold a price between $34.13 and $36.86 at the end of this 3-month period.
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ILG Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, August 31, 2018, and so far it has fallen 0%. 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. The Interval Leisure Group fund 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 $34.13 and $34.46. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Interval Leisure Group fund
Interval Leisure Group finds support from accumulated volume at $34.06 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%
Our recommended stop-loss: $32.08 (-6.00%) (This fund has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)
Trading Expectations (ILG) For The Upcoming Trading Day Of Wednesday 19th
For the upcoming trading day on Wednesday, 19th we expect Interval Leisure Group to open at $34.13, and during the day (based on 14 day Average True Range), to move between $33.91 and $34.35, which gives a possible trading interval of +/-$0.222 (+/-0.65%) up or down from last closing price. If Interval Leisure Group takes out the full calculated possible swing range there will be an estimated 1.30% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $34.06 (0.21%) than the resistance at $34.34 (0.62%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Interval Leisure Group fund A Buy?
Interval Leisure Group holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.680 Hold/Accumulate Unchanged
Predicted Opening Price for Interval Leisure Group of Wednesday, September 19, 2018
| Fair opening price September 19, 2018 | Current price |
|---|---|
| $34.13 ( 0%) | $34.13 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ILG
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 34.13 | . | |
| R2 | 34.13 | . | ||
| R1 | 34.13 | . | ||
| Current price: | 34.13 | |||
| Support | S1 | 34.13 | . | |
| S2 | 34.13 | . | ||
| S3 | 34.13 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 34.78 | 1.90 % | |
| R2 | 34.73 | 1.76 % | ||
| R1 | 34.34 | 0.615 % | ||
| Current price | 34.13 | |||
| Support | S1 | 34.06 | -0.205% | |
| S2 | 34.05 | -0.234% | ||
| S3 | 33.87 | -0.762% |
FAQ
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