Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, which purpose is to provide a relative definition of high and low. This defintion is used to identify buy and sell signals and have 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. Get-A-Graph 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)
Bottlenecks in bandwidth indicates a upcoming change. Break up through the moving average line, or continuously movements above the moving average line indicates a break up, and vice versa downwards.
Bullish vs. Bearish (336 opinions)
Social Sentiment 0.17
ADXS Stock Forecast and Technical Analysis
Sell candidate since 2020-02-26 PDF
Advaxis gained 2.03% in the last trading day ( Wednesday, 26th Feb 2020 ), rising from $0.88 to $0.89 During the day the stock fluctuated 9.51% from a day low at $0.83 to a day high of $0.91. The price has fallen in 6 of the last 10 days and is down by -17.17% for this period. Volume fell in the last day by -0.38 million shares and in total, 3.35 million shares bought and sold for approximately $3.00 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
ADXS Stock Price Summary
- 30 day high of the ADXS stock price was $1.26 and low was $0.65.
- 90 day high was $1.48 and low was $0.44.
- 52 week high for Advaxis - $10.80 and low - $0.21.
Advaxis 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. A break down the bottom trend line at $0.80 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 38.92% during the next 3 months and, with 90% probability hold a price between $1.12 and $2.15 at the end of this period.
A buy signal was issued from a pivot bottom point on Tuesday February 25, 2020, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Advaxis holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $0.97 and $1.01. A break-up above any of these levels will issue buy signals.
ADXS Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 48 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
ADXS Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $0.82 and $0.82.
There is 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, Advaxis finds support just below today's level at $0.82. If this is broken, then the next support from accumulated volume will be at $0.82 and $0.77.
ADXS Stock Risk
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.08 between high and low, or 9.51%. For the last week, the stock has had a daily average volatility of 10.11%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
10.11 %Average volatility
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ADXS Stock Evaluation
The Advaxis stock holds several negative signals and despite the positive trend we believe Advaxis will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate candidate.
Important: Please note that 87% of user opinions on StockTwits are positive to the stock. The sentiment is based upon 336 votes on StockTwits.
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