Statera Biopharma, Inc. Stock Forecast
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:
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
Statera Biopharma, Inc. stock price ended at $0.0007 on Thursday, after losing 0%.
(Updated on May 16, 2024)
No changes to the price of Statera Biopharma, Inc. stock on the last trading day (Thursday, 16th May 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0007 to a day high of $0.0007. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The stock lies in the upper part of a 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 $0.0007 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 22.52% during the next 3 months and, with a 90% probability hold a price between $0.0008 and $0.0009 at the end of this 3-month period.
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STAB Signals & Forecast
The Statera Biopharma, 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 $0.0007 and $0.0007. A breakdown below any of these levels will issue sell signals. 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". The very low volume increases the risk and reduces the other technical signals issued. 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 0%. 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 Statera Biopharma, Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0006. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.
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 between high and low, or 0%. For the last week, the stock has had daily average volatility of 0%.
Our recommended stop-loss: $0.0007 (-4.00%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (STAB) For The Upcoming Trading Day Of Friday 17th
For the upcoming trading day on Friday, 17th we expect Statera Biopharma, Inc. to open at $0.0007, and during the day (based on 14 day Average True Range), to move between $0.0007 and $0.0007, which gives a possible trading interval of +/-$0.00000306 (+/-0.44%) up or down from last closing price. If Statera Biopharma, Inc. takes out the full calculated possible swing range there will be an estimated 0.88% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $0.0006, some $0.0001 (14.29%) from the current price of $0.0007, our system finds the risk reward attractive.
Is Statera Biopharma, 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 Statera Biopharma, Inc. stock to perform well in the short-term.
Current score: 1.201 Buy Candidate Unchanged
Predicted Opening Price for Statera Biopharma, Inc. of Friday, May 17, 2024
| Fair opening price May 17, 2024 | Current price |
|---|---|
| $0.0007 ( 0%) | $0.0007 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for STAB
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0007 | . | |
| R2 | 0.0007 | . | ||
| R1 | 0.0007 | . | ||
| Current price: | 0.0007 | |||
| Support | S1 | 0.0007 | . | |
| S2 | 0.0007 | . | ||
| S3 | 0.0007 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 0.0007 | |||
| Support | S1 | 0.0006 | -14.29% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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