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 ACCYY
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Accor S.A. ADR stock price down 0.134% on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Dec 01, 2023 Gain 32.33% PDF

The Accor S.A. ADR stock price fell by -0.134% on the last day (Thursday, 28th Mar 2024) from $9.35 to $9.34. During the last trading day the stock fluctuated 0.90% from a day low at $9.31 to a day high of $9.39. The price has fallen in 5 of the last 10 days but is still up by 1.85% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 thousand shares and in total, 2 thousand shares were bought and sold for approximately $17.13 thousand.

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 $9.42 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 25.70% during the next 3 months and, with a 90% probability hold a price between $11.05 and $11.84 at the end of this 3-month period.

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ACCYY Signals & Forecast

The Accor S.A. ADR 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 $9.27 and $8.69. A breakdown below any of these levels will issue sell signals. 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, March 26, 2024, and so far it has fallen -0.214%. 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 along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Accor S.A. ADR stock

On the downside, the stock finds support just below today's level from accumulated volume at $8.50 and $7.99. 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, Accor S.A. ADR finds support just below today's level at $8.50. If this is broken, then the next support from accumulated volume will be at $7.99 and $7.87.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0835 between high and low, or 0.90%. For the last week the stock has had daily average volatility of 0.664%.

The Accor S.A. ADR stock is overbought on RSI14 and the RSI has been falling for the last couple of days. This together with the fact that the stock is in the upper part of the trend poses a possible good selling opportunity for the short-term trader. However, one should note that some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $9.01 (-3.50%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 79 and this increases the risk substantially. There is a sell signal from a pivot top found 2 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Accor S.A. ADR to open at $9.35, and during the day (based on 14 day Average True Range), to move between $9.23 and $9.45, which gives a possible trading interval of +/-$0.113 (+/-1.21%) up or down from last closing price. If Accor S.A. ADR takes out the full calculated possible swing range there will be an estimated 2.41% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $9.35 (0.13%) than the support at $8.50 (8.99%), 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 Accor S.A. ADR 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 Accor S.A. ADR stock to perform well in the short-term.

Current score: 3.128 Buy Candidate Unchanged

Predicted Opening Price for Accor S.A. ADR of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$9.35 ( 0.0839%) $9.34

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

Trading levels for ACCYY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 9.43 0.98 %
R2 9.40 0.636 %
R1 9.38 0.425 %
Current price: 9.34
Support S1 9.32 -0.258 %
S2 9.30 -0.469 %
S3 9.26 -0.81 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 9.36 0.214 %
R1 9.35 0.134 %
Current price 9.34
Support S1 8.50 -8.99%
S2 7.99 -14.45%
S3 7.87 -15.74%

ACCYY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 23, 2023 May 23, 2023 Aug 07, 2023 $0.232 3.18%
2 May 08, 2019 May 08, 2019 May 29, 2019 $0.234 3.19%
3 May 09, 2018 May 09, 2018 May 09, 2018 $0.254 2.28%
4 May 09, 2017 May 09, 2017 May 09, 2017 $0.228 2.56%
5 Apr 26, 2016 Apr 26, 2016 Apr 26, 2016 $0.113 1.25%

FAQ

What is the symbol for Accor S.A. ADR Stock and on which exchange is it traded?
The symbol for Accor S.A. ADR is ACCYY and it is traded on the PINK (Pink Sheets).

Should I buy or sell Accor S.A. ADR 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 Accor S.A. ADR stock to perform well in the short-term.

How to buy Accor S.A. ADR Stock?
Accor S.A. ADR Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Accor S.A. ADR Stock.

What's the current price of Accor S.A. ADR Stock?
As of the end of day on the 2024-03-28, the price of an Accor S.A. ADR (ACCYY) share was $9.34.

What is the 52-week high and low for Accor S.A. ADR Stock?
The 52-week high for Accor S.A. ADR Stock is $9.40 and the 52-week low is $6.14.

What is the market capitalization of Accor S.A. ADR Stock?
As of the 2024-03-28, the market capitalization of Accor S.A. ADR is 11.782B.
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About Accor S.A. ADR

Accor SA operates a chain of hotels. It operates through two segments, HotelServices, and Hotel Assets & Other. The company owns, operates, manages, and franchises hotels. It also provides digital services to independent hotel operators through D-edge platform; ResDiary, a flat-rate online table reservation system that is designed for restaurant owners; Gekko solutions, including digital hotel distribution and loyalty platforms for the travel ind... ACCYY Profile

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