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 UAVS
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Green day on Thursday for Ageagle Aerial Systems Inc
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Gain 1.55% PDF

The Ageagle Aerial Systems Inc stock price gained 1.55% on the last trading day (Thursday, 28th Mar 2024), rising from $0.776 to $0.788. During the last trading day the stock fluctuated 9.21% from a day low at $0.760 to a day high of $0.83. The price has fallen in 6 of the last 10 days and is down by -21.19% for this period. Volume fell on the last day by -27 thousand shares and in total, 314 thousand shares were bought and sold for approximately $247.13 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.747 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 152.07% during the next 3 months and, with a 90% probability hold a price between $1.88 and $5.16 at the end of this 3-month period.

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UAVS Signals & Forecast

There are few to no technical positive signals at the moment. The Ageagle Aerial Systems Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $1.04. On a fall, the stock will find some support from the short-term average at $0.736. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Thursday, February 15, 2024, and so far it has fallen -46.02%. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Ageagle Aerial Systems Inc stock

Ageagle Aerial Systems Inc finds support from accumulated volume at $0.776 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 very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.0700 between high and low, or 9.21%. For the last week the stock has had daily average volatility of 9.42%.

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

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

For the upcoming trading day on Monday, 1st we expect Ageagle Aerial Systems Inc to open at $0.793, and during the day (based on 14 day Average True Range), to move between $0.689 and $0.89, which gives a possible trading interval of +/-$0.0986 (+/-12.51%) up or down from last closing price. If Ageagle Aerial Systems Inc takes out the full calculated possible swing range there will be an estimated 25.02% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.776 (1.54%) than the resistance at $0.82 (4.53%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Ageagle Aerial Systems Inc stock A Buy?

The Ageagle Aerial Systems Inc stock holds several negative signals and despite the positive trend, we believe Ageagle Aerial Systems Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.537 Sell Candidate Unchanged

Predicted Opening Price for Ageagle Aerial Systems Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.793 ( 0.584%) $0.788

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

Trading levels for UAVS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.86 9.47 %
R2 0.84 6.07 %
R1 0.82 3.98 %
Current price: 0.788
Support S1 0.766 -2.81 %
S2 0.749 -4.91 %
S3 0.723 -8.30 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.91 14.87 %
R2 0.89 12.93 %
R1 0.82 4.53 %
Current price 0.788
Support S1 0.776 -1.54%
S2 0.740 -6.10%
S3 0.682 -13.49%

FAQ

What is the symbol for Ageagle Aerial Systems Inc Stock and on which exchange is it traded?
The symbol for Ageagle Aerial Systems Inc is UAVS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Ageagle Aerial Systems Inc Stock?
The Ageagle Aerial Systems Inc stock holds several negative signals and despite the positive trend, we believe Ageagle Aerial Systems Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Ageagle Aerial Systems Inc Stock?
Ageagle Aerial Systems 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 Ageagle Aerial Systems Inc Stock.

What's the current price of Ageagle Aerial Systems Inc Stock?
As of the end of day on the 2024-03-28, the price of an Ageagle Aerial Systems Inc (UAVS) share was $0.788.

What is the 52-week high and low for Ageagle Aerial Systems Inc Stock?
The 52-week high for Ageagle Aerial Systems Inc Stock is $1.50 and the 52-week low is $0.0635.

What is the market capitalization of Ageagle Aerial Systems Inc Stock?
As of the 2024-03-28, the market capitalization of Ageagle Aerial Systems Inc is 6.665M.

When is the next earnings date for Ageagle Aerial Systems Inc?
The upcoming earnings date for Ageagle Aerial Systems Inc is Apr 02, 2024.
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About Ageagle Aerial Systems Inc

Ageagle Aerial Systems AgEagle Aerial Systems, Inc. engages in designing and delivering autonomous unmanned aerial systems for the energy/utilities, infrastructure, agriculture, and government industries worldwide. The company operates in three segments: Drones and Custom Manufacturing; Sensors; and Software-as-a-Service (SaaS). It offers fixed-wing drones, including eBee Ag, eBee Geo, eBee TAC, and eBee X; and sensor solutions, such as Altum-PT, RedEdge-MX, RedEdge-MX... UAVS Profile

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