Clear Secure, 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
Clear Secure, Inc. stock price down 1.34% on Friday
(Updated on May 03, 2024)
The Clear Secure, Inc. stock price fell by -1.34% on the last day (Friday, 3rd May 2024) from $17.85 to $17.61. During the last trading day the stock fluctuated 5.42% from a day low at $17.53 to a day high of $18.48. The price has risen in 6 of the last 10 days but is still down by -0.96% for this period. Volume has increased on the last day by 561 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately $28.60 million.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $17.08 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -5.40% during the next 3 months and, with a 90% probability hold a price between $16.16 and $19.77 at the end of this 3-month period.
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YOU Signals & Forecast
There are mixed signals in the stock today. The Clear Secure, 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 $19.06. On a fall, the stock will find some support from the short-term average at $17.54. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. A buy signal was issued from a pivot bottom point on Thursday, April 25, 2024, and so far it has risen 2.38%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for Clear Secure, Inc. stock
Clear Secure, Inc. finds support from accumulated volume at $17.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $0.95 between high and low, or 5.42%. For the last week, the stock has had daily average volatility of 3.55%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (YOU) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Clear Secure, Inc. to open at $17.87, and during the day (based on 14 day Average True Range), to move between $16.96 and $18.26, which gives a possible trading interval of +/-$0.649 (+/-3.68%) up or down from last closing price. If Clear Secure, Inc. takes out the full calculated possible swing range there will be an estimated 7.37% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $17.60 (0.06%) than the resistance at $18.60 (5.62%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Clear Secure, Inc. will release earnings BMO on Wednesday, May 08, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.170. We will update the financials statements for Clear Secure, Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 14.26% in the first trading day after earnings release.
Is Clear Secure, Inc. stock A Buy?
Clear Secure, Inc. 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: -3.783 Sell Candidate Unchanged
Predicted Opening Price for Clear Secure, Inc. of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $17.87 ( 1.50%) | $17.61 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for YOU
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 18.82 | 6.89 % | |
| R2 | 18.46 | 4.83 % | ||
| R1 | 18.24 | 3.56 % | ||
| Current price: | 17.61 | |||
| Support | S1 | 17.51 | -0.565 % | |
| S2 | 17.29 | -1.84 % | ||
| S3 | 16.92 | -3.90 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 19.33 | 9.77 % | |
| R2 | 19.25 | 9.31 % | ||
| R1 | 18.60 | 5.62 % | ||
| Current price | 17.61 | |||
| Support | S1 | 17.60 | -0.0568% | |
| S2 | 17.54 | -0.398% | ||
| S3 | 17.20 | -2.33% |
YOU Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 21, 2024 | Mar 28, 2024 | Apr 08, 2024 | $0.320 | 1.62% |
| 2 | Feb 23, 2024 | Feb 23, 2024 | Mar 05, 2024 | $0.0900 | 0.466% |
| 3 | Nov 08, 2023 | Nov 15, 2023 | Nov 22, 2023 | $0.360 | 1.81% |
| 4 | Aug 02, 2023 | Aug 10, 2023 | Aug 18, 2023 | $0.0700 | 0.307% |
| 5 | May 09, 2023 | May 17, 2023 | May 25, 2023 | $0.200 | 0.796% |
FAQ
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