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 AGYS
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Agilysys stock price ended at $84.26 on Thursday, after gaining 2.20%.
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 2.20% PDF

The Agilysys stock price gained 2.20% on the last trading day (Thursday, 28th Mar 2024), rising from $82.45 to $84.26. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.06% from a day low at $82.26 to a day high of $84.78. The price has risen in 7 of the last 10 days and is up by 11.5% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 131 thousand more shares were traded than the day before. In total, 260 thousand shares were bought and sold for approximately $21.95 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.38% during the next 3 months and, with a 90% probability hold a price between $69.55 and $86.72 at the end of this 3-month period.

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AGYS Signals & Forecast

Mostly positive signals in the chart today. The Agilysys 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 $80.45 and $80.30. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 11, 2024, and so far it has risen 12.74%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Monday, March 11, 2024 and based on theory for this formation the price should go up by 28.08% to $107.92 within 38 trading days since signal was issued (Monday, April 01, 2024).

Support, Risk & Stop-loss for Agilysys stock

Agilysys finds support from accumulated volume at $82.84 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.52 (3.06%) between high and low. For the last week, the stock has had daily average volatility of 3.22%.

Our recommended stop-loss: $81.06 (-3.80%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 13 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Agilysys to open at $83.77, and during the day (based on 14 day Average True Range), to move between $81.74 and $86.78, which gives a possible trading interval of +/-$2.52 (+/-2.99%) up or down from last closing price. If Agilysys takes out the full calculated possible swing range there will be an estimated 5.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $85.25 (1.17%) than the support at $82.84 (1.69%), 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 Agilysys stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 3.037 Buy Candidate Unchanged

Predicted Opening Price for Agilysys of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$83.77 ( 0.585%) $84.26

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

Trading levels for AGYS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 86.29 2.41 %
R2 85.32 1.26 %
R1 84.73 0.557 %
Current price: 84.26
Support S1 82.80 -1.73 %
S2 82.21 -2.43 %
S3 81.25 -3.58 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 86.79 3.00 %
R2 86.71 2.91 %
R1 85.25 1.17 %
Current price 84.26
Support S1 82.84 -1.69%
S2 82.54 -2.04%
S3 78.83 -6.44%

AGYS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 13, 2009 Jul 16, 2009 Aug 03, 2009 $0.0300 0.595%
2 Apr 10, 2009 Apr 14, 2009 May 01, 2009 $0.0300 0.441%
3 Jan 15, 2009 Jan 16, 2009 Feb 01, 2009 $0.0300 0.84%
4 Oct 03, 2008 Oct 09, 2008 Nov 01, 2008 $0.0300 0.746%
5 Jul 02, 2008 Jul 11, 2008 Aug 01, 2008 $0.0300 0.256%

FAQ

What is the symbol for Agilysys Stock and on which exchange is it traded?
The symbol for Agilysys is AGYS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Agilysys Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

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

What's the current price of Agilysys Stock?
As of the end of day on the 2024-03-28, the price of an Agilysys (AGYS) share was $84.26.

What is the 52-week high and low for Agilysys Stock?
The 52-week high for Agilysys Stock is $91.61 and the 52-week low is $62.00.

What is the market capitalization of Agilysys Stock?
As of the 2024-03-28, the market capitalization of Agilysys is 2.306B.

When is the next earnings date for Agilysys?
The upcoming earnings date for Agilysys is May 21, 2024.
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About Agilysys

Agilysys Agilysys, Inc., together with its subsidiaries, operates as a developer and marketer of hardware and software products and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India. It offers point of sale, property management systems, inventory and procurement, payments, reservations management, and seat solutions to enhance guest experience. The company also provides technical software support, maintenance, and ... AGYS Profile

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