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 SPR
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Stronger technical forecast for Spirit Aerosystems Holdings Inc stock price after Tuesday trading.
(Updated on Jul 23, 2024)

Buy or Hold candidate since Jul 01, 2024 Gain 5.59% PDF

The Spirit Aerosystems Holdings Inc stock price gained 2.37% on the last trading day (Tuesday, 23rd Jul 2024), rising from $35.04 to $35.87. During the last trading day the stock fluctuated 3.57% from a day low at $35.01 to a day high of $36.26. The price has risen in 6 of the last 10 days and is up by 3.94% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 590 thousand more shares were traded than the day before. In total, 5 million shares were bought and sold for approximately $191.67 million.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $36.19 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 11.46% during the next 3 months and, with a 90% probability hold a price between $34.41 and $40.33 at the end of this 3-month period.

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SPR Signals & Forecast

The Spirit Aerosystems Holdings Inc stock 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 $35.31 and $32.77. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. 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 Tuesday, July 16, 2024, and so far it has fallen -0.0279%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Spirit Aerosystems Holdings Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $33.97 and $33.07. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Spirit Aerosystems Holdings Inc finds support just below today's level at $33.97. If this is broken, then the next support from accumulated volume will be at $33.07 and $31.76.

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 $1.25 between high and low, or 3.57%. For the last week, the stock has had daily average volatility of 2.42%.

Our recommended stop-loss: $34.61 (-3.52%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 25 days ago.)

Trading Expectations (SPR) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Spirit Aerosystems Holdings Inc to open at $35.71, and during the day (based on 14 day Average True Range), to move between $34.98 and $36.76, which gives a possible trading interval of +/-$0.89 (+/-2.48%) up or down from last closing price. If Spirit Aerosystems Holdings Inc takes out the full calculated possible swing range there will be an estimated 4.96% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $35.88 (0.03%) than the support at $33.97 (5.30%), 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 Spirit Aerosystems Holdings Inc stock 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 Spirit Aerosystems Holdings Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.652 Buy Candidate Upgraded

Predicted Opening Price for Spirit Aerosystems Holdings Inc of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$35.71 ( 0.437%) $35.87

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

Trading levels for SPR

Fibonacci Support & Resistance Levels

Level Price
R3 36.96 3.05%
R2 36.49 1.72%
R1 36.19 0.89%
Price 35.87
S1 35.24 -1.77%
S2 34.94 -2.59%
S3 34.46 -3.92%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 35.88 0.0279%
Price 35.87
S1 33.97 -5.30%
S2 33.07 -7.81%
S3 31.76 -11.46%

SPR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 13, 2022 Sep 09, 2022 Oct 03, 2022 $0.0100 0.0437%
2 Apr 26, 2022 Jun 15, 2022 Jul 07, 2022 $0.0100 0.0323%
3 Jan 26, 2022 Mar 17, 2022 Apr 08, 2022 $0.0100 0.0232%
4 Oct 26, 2021 Dec 10, 2021 Jan 03, 2022 $0.0100 0.0223%
5 Jul 27, 2021 Sep 10, 2021 Oct 04, 2021 $0.0100 0.0214%

FAQ

What is the symbol for Spirit Aerosystems Holdings Inc Stock and on which exchange is it traded?
The symbol for Spirit Aerosystems Holdings Inc is SPR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Spirit Aerosystems Holdings Inc Stock?
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 Spirit Aerosystems Holdings Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Spirit Aerosystems Holdings Inc Stock?
Spirit Aerosystems Holdings Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Spirit Aerosystems Holdings Inc Stock.

What's the current price of Spirit Aerosystems Holdings Inc Stock?
As of the end of day on the Jul 23, 2024, the price of an Spirit Aerosystems Holdings Inc (SPR) share was $35.87.

What is the 52-week high and low for Spirit Aerosystems Holdings Inc Stock?
The 52-week high for Spirit Aerosystems Holdings Inc Stock is $36.33 and the 52-week low is $14.65.

What is the market capitalization of Spirit Aerosystems Holdings Inc Stock?
As of the Jul 23, 2024, the market capitalization of Spirit Aerosystems Holdings Inc is 4.086B.

When is the next earnings date for Spirit Aerosystems Holdings Inc?
The upcoming earnings date for Spirit Aerosystems Holdings Inc is Aug 07, 2024.
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About Spirit Aerosystems Holdings Inc

Spirit Aerosystems Holdings Spirit AeroSystems Holdings, Inc. designs, engineers, manufactures, and markets commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, struts/pylons, nacelles, and related engine structural components; and wings and wing components, including flight control surfaces, as well as other structural parts.... SPR Profile

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