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 INSECTICID.NS
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Red day on Thursday for Insecticides (India) Limited stock after losing 2.62%
(Updated on Mar 28, 2024)

Sell candidate since Mar 26, 2024 Loss -3.62% PDF

The Insecticides (India) Limited stock price fell by -2.62% on the last day (Thursday, 28th Mar 2024) from ₹499.40 to ₹486.30. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 7.37% from a day low at ₹480.55 to a day high of ₹515.95. The price has fallen in 6 of the last 10 days but is still up by 1.66% 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 -42 thousand shares and in total, 46 thousand shares were bought and sold for approximately ₹22.25 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -29.26% during the next 3 months and, with a 90% probability hold a price between ₹317.70 and ₹362.08 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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INSECTICID.NS Signals & Forecast

There are mixed signals in the stock today. The Insecticides (India) 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 ₹492.71 and ₹530.40. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 3.56%. 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).

Support, Risk & Stop-loss for Insecticides (India) Limited stock

Insecticides (India) Limited finds support from accumulated volume at ₹478.35 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₹35.40 between high and low, or 7.37%. For the last week, the stock has had daily average volatility of 5.52%.

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

Trading Expectations (INSECTICID.NS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Insecticides (India) Limited to open at ₹494.27, and during the day (based on 14 day Average True Range), to move between ₹463.22 and ₹509.38, which gives a possible trading interval of +/-₹23.08 (+/-4.75%) up or down from last closing price. If Insecticides (India) Limited takes out the full calculated possible swing range there will be an estimated 9.49% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹478.35 (1.63%) than the resistance at ₹541.55 (11.36%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Insecticides (India) Limited stock A Buy?

Insecticides (India) Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.975 Sell Candidate Unchanged

Predicted Opening Price for Insecticides (India) Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹494.27 ( 1.64%) ₹486.30

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

Trading levels for INSECTICID.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 529.67 8.92 %
R2 516.14 6.14 %
R1 507.79 4.42 %
Current price: 486.30
Support S1 480.74 -1.14 %
S2 472.39 -2.86 %
S3 458.87 -5.64 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 593.55 22.05 %
R2 579.55 19.18 %
R1 541.55 11.36 %
Current price 486.30
Support S1 478.35 -1.63%
S2 477.20 -1.87%
S3 469.60 -3.43%

INSECTICID Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 10, 2023 Nov 10, 2023 Nov 10, 2023 ₹0 0%
2 Feb 24, 2023 Feb 24, 2023 Feb 24, 2023 ₹3.00 0.639%
3 Sep 15, 2022 Sep 15, 2022 Sep 15, 2022 ₹2.00 0.302%
4 Nov 19, 2020 Nov 19, 2020 Nov 19, 2020 ₹1.33 0.458%
5 Mar 05, 2020 Mar 19, 2020 Mar 31, 2020 ₹2.67 1.28%

FAQ

What is the symbol for Insecticides (India) Limited Stock and on which exchange is it traded?
The symbol for Insecticides (India) Limited is INSECTICID.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell Insecticides (India) Limited Stock?
Insecticides (India) Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Insecticides (India) Limited Stock?
Insecticides (India) 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 Insecticides (India) Limited Stock.

What's the current price of Insecticides (India) Limited Stock?
As of the end of day on the 2024-03-28, the price of an Insecticides (India) Limited (INSECTICID.NS) share was ₹486.30.

What is the 52-week high and low for Insecticides (India) Limited Stock?
The 52-week high for Insecticides (India) Limited Stock is ₹727.00 and the 52-week low is ₹414.05.

What is the market capitalization of Insecticides (India) Limited Stock?
As of the 2024-03-28, the market capitalization of Insecticides (India) Limited is 14.393B.

When is the next earnings date for Insecticides (India) Limited?
The upcoming earnings date for Insecticides (India) Limited is May 28, 2024.
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About Insecticides (India) Limited

Insecticides (India) Limited Insecticides (India) Limited manufactures and sells agro chemicals, pesticides, and technical products for agriculture purposes in India and internationally. The company offers insecticides, herbicides, fungicides, and PGRs and bio fertilizers. It also provides household and biological products, and formulations. The company sells its products through a network of approximately 5000 distributors and 60000 retailers under the Tractor brand name. I... INSECTICID.NS Profile

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