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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: [ 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 MTEKW
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Volatile ride for Maris-tech Ltd. Warrants ETF price on Friday moving between $0.0750 and $0.0950
(Updated on Jun 28, 2024)

Sell candidate since Jun 28, 2024 PDF

No changes to the price of Maris-tech Ltd. Warrants ETF on the last trading day (Friday, 28th Jun 2024). During the last trading day the ETF fluctuated 26.67% from a day low at $0.0750 to a day high of $0.0950. The price has been going up and down for this period, and there has been a -32.43% loss for the last 2 weeks.

The ETF 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 ETF is expected to fall -29.51% during the next 3 months and, with a 90% probability hold a price between $0.0214 and $0.0701 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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MTEKW 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 Maris-tech Ltd. Warrants ETF 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 $0.0830 and $0.0926. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 13, 2024, and so far it has fallen -32.43%. Further fall is indicated until a new bottom pivot has been found. 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 Maris-tech Ltd. Warrants ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $0.0616 and $0.0610. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.0610 may give a huge drop in the ETF price.

This ETF may move very much during the day (volatility) and with periodic low trading volume this ETF is considered to be "very high risk". During the last day, the ETF moved $0.0200 between high and low, or 26.67%. For the last week the ETF has had daily average volatility of 24.47%.

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

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

For the upcoming trading day on Monday, 1st we expect Maris-tech Ltd. Warrants to open at $0.0817, and during the day (based on 14 day Average True Range), to move between $0.0596 and $0.0904, which gives a possible trading interval of +/-$0.0154 (+/-20.53%) up or down from last closing price. If Maris-tech Ltd. Warrants takes out the full calculated possible swing range there will be an estimated 41.07% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0800 (6.67%) than the support at $0.0616 (17.87%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Maris-tech Ltd. Warrants ETF A Buy?

Maris-tech Ltd. Warrants holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Strong Sell candidate.

Current score: -5.971 Strong Sell Candidate Downgraded

Predicted Opening Price for Maris-tech Ltd. Warrants of Monday, July 1, 2024

Fair opening price July 1, 2024 Current price
$0.0817 ( 8.89%) $0.0750

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

Trading levels for MTEKW

Fibonacci Support & Resistance Levels

Level Price
R3 0.102 35.56%
R2 0.0940 25.37%
R1 0.0893 19.08%
Price 0.0750
S1 0.0740 -1.30%
S2 0.0693 -7.59%
S3 0.0617 -17.78%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.0900 20.00%
R2 0.0855 14.00%
R1 0.0800 6.67%
Price 0.0750
S1 0.0616 -17.87%
S2 0.0610 -18.67%
S3 0 -

FAQ

What is the symbol for Maris-tech Ltd. Warrants ETF and on which exchange is it traded?
The symbol for Maris-tech Ltd. Warrants is MTEKW and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Maris-tech Ltd. Warrants ETF?
Maris-tech Ltd. Warrants holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Strong Sell candidate.

How to buy Maris-tech Ltd. Warrants ETF?
Maris-tech Ltd. Warrants ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Maris-tech Ltd. Warrants ETF.

What's the current price of Maris-tech Ltd. Warrants ETF?
As of the end of day on the Jun 28, 2024, the price of an Maris-tech Ltd. Warrants (MTEKW) share was $0.0750.

What is the 52-week high and low for Maris-tech Ltd. Warrants ETF?
The 52-week high for Maris-tech Ltd. Warrants ETF is $0.191 and the 52-week low is $0.0113.

What is the market capitalization of Maris-tech Ltd. Warrants ETF?
As of the Jun 28, 2024, the market capitalization of Maris-tech Ltd. Warrants is 591.816K.
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