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 RKDA
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Red day on Wednesday for Arcadia Biosciences stock after losing 1.37%
(Updated on Mar 27, 2024)

Sell candidate since Mar 01, 2024 Loss -16.36% PDF

The Arcadia Biosciences stock price fell by -1.37% on the last day (Wednesday, 27th Mar 2024) from $2.33 to $2.30. During the last trading day the stock fluctuated 4.92% from a day low at $2.21 to a day high of $2.32. The price has fallen in 6 of the last 10 days and is down by -8.73% for this period. 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 -34 thousand shares and in total, 11 thousand shares were bought and sold for approximately $24.67 thousand.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $2.18 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -9.98% during the next 3 months and, with a 90% probability hold a price between $1.96 and $2.64 at the end of this 3-month period.

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RKDA Signals & Forecast

There are mixed signals in the stock today. The Arcadia Biosciences 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 $2.33 and $2.60. A break-up above any of these levels will issue buy signals. 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 very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Friday, March 22, 2024, and so far it has risen 2.22%. 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 Arcadia Biosciences stock

Arcadia Biosciences finds support from accumulated volume at $2.30 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.109 between high and low, or 4.92%. For the last week the stock has had daily average volatility of 8.37%.

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

Trading Expectations (RKDA) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Arcadia Biosciences to open at $2.28, and during the day (based on 14 day Average True Range), to move between $2.15 and $2.45, which gives a possible trading interval of +/-$0.145 (+/-6.32%) up or down from last closing price. If Arcadia Biosciences takes out the full calculated possible swing range there will be an estimated 12.64% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.30 (0.01%) than the resistance at $2.33 (1.39%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Arcadia Biosciences stock A Buy?

Arcadia Biosciences 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: -3.446 Sell Candidate Unchanged

Predicted Opening Price for Arcadia Biosciences of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$2.28 ( 1.03%) $2.30

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

Trading levels for RKDA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.39 3.70 %
R2 2.34 1.89 %
R1 2.32 0.775 %
Current price: 2.30
Support S1 2.23 -2.84 %
S2 2.21 -3.95 %
S3 2.17 -5.76 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.85 23.91 %
R2 2.70 17.39 %
R1 2.33 1.39 %
Current price 2.30
Support S1 2.30 -0.0087%
S2 2.27 -1.30%
S3 2.25 -2.17%

FAQ

What is the symbol for Arcadia Biosciences Stock and on which exchange is it traded?
The symbol for Arcadia Biosciences is RKDA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Arcadia Biosciences Stock?
Arcadia Biosciences 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 Arcadia Biosciences Stock?
Arcadia Biosciences Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Arcadia Biosciences Stock.

What's the current price of Arcadia Biosciences Stock?
As of the end of day on the 2024-03-27, the price of an Arcadia Biosciences (RKDA) share was $2.30.

What is the 52-week high and low for Arcadia Biosciences Stock?
The 52-week high for Arcadia Biosciences Stock is $8.18 and the 52-week low is $2.15.

What is the market capitalization of Arcadia Biosciences Stock?
As of the 2024-03-27, the market capitalization of Arcadia Biosciences is 2.589M.

When is the next earnings date for Arcadia Biosciences?
The upcoming earnings date for Arcadia Biosciences is Mar 28, 2024.
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About Arcadia Biosciences

Arcadia Biosciences Arcadia Biosciences, Inc. produces and markets plant-based health and wellness products in the United States. It engages in developing crop improvements primarily in wheat to enhance farm economics by improving the performance of crops in the field, as well as their value as food ingredients, health and wellness products, and their viability for industrial applications. The company was incorporated in 2002 and is headquartered in Davis, Californi... RKDA Profile

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