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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 - 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 LYPSAGEMS.NS
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Lypsa Gems & Jewellery Limited stock upgraded to Hold/Accumulate.
(Updated on Jun 14, 2024)

Hold candidate since Jun 14, 2024 PDF

No changes to the price of Lypsa Gems & Jewellery Limited stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 3.70% from a day low at ₹5.68 to a day high of ₹5.89. The price has risen in 5 of the last 10 days and is up by 5.69% over the past 2 weeks.

The stock lies in the middle of a very 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 -6.10% during the next 3 months and, with a 90% probability hold a price between ₹5.02 and ₹6.50 at the end of this 3-month period.

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LYPSAGEMS.NS Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, June 04, 2024, and so far it has risen 6.67%. 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". Some negative signals were issued as well, and these may have some influence on the near short-term development. The Lypsa Gems & Jewellery Limited stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at ₹5.96. On a fall, the stock will find some support from the short-term average at ₹5.69. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Lypsa Gems & Jewellery Limited stock

Lypsa Gems & Jewellery Limited finds support from accumulated volume at ₹5.65 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 ₹0.210 between high and low, or 3.70%. For the last week, the stock has had daily average volatility of 6.64%.

Our recommended stop-loss: ₹5.52 (-4.12%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 39 days ago.)

Trading Expectations (LYPSAGEMS.NS) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect Lypsa Gems & Jewellery Limited to open at ₹5.78, and during the day (based on 14 day Average True Range), to move between ₹5.38 and ₹6.14, which gives a possible trading interval of +/-₹0.382 (+/-6.62%) up or down from last closing price. If Lypsa Gems & Jewellery Limited takes out the full calculated possible swing range there will be an estimated 13.25% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹5.65 (1.91%) than the resistance at ₹6.05 (5.03%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Lypsa Gems & Jewellery Limited stock A Buy?

Lypsa Gems & Jewellery Limited 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.845 Hold/Accumulate Upgraded

Predicted Opening Price for Lypsa Gems & Jewellery Limited of Tuesday, June 18, 2024

Fair opening price June 18, 2024 Current price
₹5.78 ( 0.289%) ₹5.76

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

Trading levels for LYPSAGEMS.NS

Fibonacci Support & Resistance Levels

Level Price
R3 5.99 3.94%
R2 5.91 2.54%
R1 5.86 1.68%
Price 5.76
S1 5.70 -1.10%
S2 5.65 -1.96%
S3 5.57 -3.36%

Accumulated Volume Support & Resistance Levels

Level Price
R3 6.75 17.19%
R2 6.20 7.64%
R1 6.05 5.03%
Price 5.76
S1 5.65 -1.91%
S2 5.45 -5.38%
S3 5.40 -6.25%

LYPSAGEMS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 29, 2015 Sep 23, 2015 Oct 30, 2015 ₹0.250 0.323%
2 May 30, 2014 Aug 11, 2014 Oct 04, 2014 ₹0.238 0.442%

FAQ

What is the symbol for Lypsa Gems & Jewellery Limited Stock and on which exchange is it traded?
The symbol for Lypsa Gems & Jewellery Limited is LYPSAGEMS.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell Lypsa Gems & Jewellery Limited Stock?
Lypsa Gems & Jewellery Limited 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Lypsa Gems & Jewellery Limited Stock?
Lypsa Gems & Jewellery 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 Lypsa Gems & Jewellery Limited Stock.

What's the current price of Lypsa Gems & Jewellery Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an Lypsa Gems & Jewellery Limited (LYPSAGEMS.NS) share was ₹5.76.

What is the 52-week high and low for Lypsa Gems & Jewellery Limited Stock?
The 52-week high for Lypsa Gems & Jewellery Limited Stock is ₹8.80 and the 52-week low is ₹4.20.

What is the market capitalization of Lypsa Gems & Jewellery Limited Stock?
As of the Jun 14, 2024, the market capitalization of Lypsa Gems & Jewellery Limited is 169.828M.
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About Lypsa Gems & Jewellery Limited

Lypsa Gems & Jewellery Limited engages in the diamonds business in India. It makes, polishes, trades, imports, and exports diamonds, gems, and other precious stones. The company exports its products to the United States, Belgium, Israel, the United Arab Emirates, and Hong Kong. It serves small and mid-level diamond manufacturers. The company was formerly known as Maloo Gems & Jewellery Limited and changed its name to Lypsa Gems & Jewellery Limite... LYPSAGEMS.NS Profile

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