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 SECT-B.ST
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Sectra AB (publ) ETF downgraded from Strong Buy Candidate to Buy Candidate after Friday trading session.
(Updated on May 24, 2024)

Buy or Hold candidate since Apr 23, 2024 Gain 12.24% PDF

No changes to the price of Sectra AB (publ) ETF on the last trading day (Friday, 24th May 2024). During the last trading day the ETF fluctuated 1.00% from a day low at kr240.20 to a day high of kr242.60. The price has risen in 5 of the last 10 days and is up by 2.63% over the past 2 weeks.

The ETF lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 14.04% during the next 3 months and, with a 90% probability hold a price between kr248.01 and kr285.08 at the end of this 3-month period.

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SECT-B.ST Signals & Forecast

The Sectra AB (publ) ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at kr238.54 and kr221.30. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Wednesday, May 15, 2024, and so far it has fallen -1.79%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.

Support, Risk & Stop-loss for Sectra AB (publ) ETF

Sectra AB (publ) finds support from accumulated volume at kr235.80 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved kr2.40 between high and low, or 1.00%. For the last week, the ETF has had daily average volatility of 1.88%.

Our recommended stop-loss: kr231.35 (-4.40%) (This ETF has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 43 days ago.)

Trading Expectations (SECT-B.ST) For The Upcoming Trading Day Of Monday 27th

For the upcoming trading day on Monday, 27th we expect Sectra AB (publ) to open at kr241.60, and during the day (based on 14 day Average True Range), to move between kr236.16 and kr247.84, which gives a possible trading interval of +/-kr5.84 (+/-2.41%) up or down from last closing price. If Sectra AB (publ) takes out the full calculated possible swing range there will be an estimated 4.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at kr246.40 (1.82%) than the support at kr235.80 (2.56%), 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 Sectra AB (publ) ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Sectra AB (publ) ETF to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 2.158 Buy Candidate Downgraded

Predicted Opening Price for Sectra AB (publ) of Monday, May 27, 2024

Fair opening price May 27, 2024 Current price
kr241.60 ( 0.165%) kr242.00

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

Trading levels for SECT-B.ST

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 244.00 0.83 %
R2 243.08 0.448 %
R1 242.52 0.214 %
Current price: 242.00
Support S1 240.68 -0.544 %
S2 240.12 -0.778 %
S3 239.20 -1.16 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 246.40 1.82 %
Current price 242.00
Support S1 235.80 -2.56%
S2 208.55 -13.82%
S3 206.15 -14.81%

SECT-B Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 24, 2022 Oct 24, 2022 Oct 24, 2022 kr1.00 0.723%
2 Oct 18, 2021 Oct 18, 2021 Oct 18, 2021 kr0.90 0.472%
3 Oct 05, 2020 Oct 05, 2020 Oct 05, 2020 kr0.90 0.761%
4 Oct 02, 2019 Oct 02, 2019 Oct 02, 2019 kr0.90 1.39%
5 Oct 03, 2018 Oct 03, 2018 Oct 03, 2018 kr0.90 1.78%

FAQ

What is the symbol for Sectra AB (publ) ETF and on which exchange is it traded?
The symbol for Sectra AB (publ) is SECT-B.ST and it is traded on the OMX (Stockholm Stock Exchange).

Should I buy or sell Sectra AB (publ) ETF?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Sectra AB (publ) ETF to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Strong Buy to a Buy candidate.

How to buy Sectra AB (publ) ETF?
Sectra AB (publ) ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Sectra AB (publ) ETF.

What's the current price of Sectra AB (publ) ETF?
As of the end of day on the May 24, 2024, the price of an Sectra AB (publ) (SECT-B.ST) share was kr242.00.

What is the 52-week high and low for Sectra AB (publ) ETF?
The 52-week high for Sectra AB (publ) ETF is kr246.40 and the 52-week low is kr117.10.

What is the market capitalization of Sectra AB (publ) ETF?
As of the May 24, 2024, the market capitalization of Sectra AB (publ) is 47.097B.
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About Sectra AB (publ)

Sectra AB (publ) Addtech AB (publ.) operates as a technology trading company in Sweden, Denmark, Finland, Norway, rest of Europe, and internationally. The company operates through Automation, Electrification, Energy, Industrial Solutions, and Process Technology segments. It markets and sells intelligent solutions, subsystems, and components to industrial automation and infrastructure sector, including solutions for robotics, control systems, sensors, and industri... SECT-B.ST Profile

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