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 AIBG.L
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AIB Group Plc stock price down 0.764% on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 28, 2024 Gain 4.01% PDF

The AIB Group Plc stock price fell by -0.764% on the last day (Wednesday, 27th Mar 2024) from £392.50 to £389.50. During the last trading day the stock fluctuated 2.57% from a day low at £389.50 to a day high of £399.50. The price has fallen in 6 of the last 10 days and is down by -2.63% for this period. 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 -8 thousand shares and in total, 5 thousand shares were bought and sold for approximately £2.08 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 20.07% during the next 3 months and, with a 90% probability hold a price between £445.97 and £501.62 at the end of this 3-month period.

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AIBG.L Signals & Forecast

The AIB Group Plc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately £393.43. On a fall, the stock will find some support from the long-term average at approximately £374.21. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Monday, March 18, 2024, and so far it has fallen -5.00%. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for AIB Group Plc stock

On the downside, the stock finds support just below today's level from accumulated volume at £338.50 and £337.00. 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, AIB Group Plc finds support just below today's level at £338.50. If this is broken, then the next support from accumulated volume will be at £337.00 and £334.50.

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 £10.00 between high and low, or 2.57%. For the last week, the stock has had daily average volatility of 3.10%.

Our recommended stop-loss: £368.62 (-5.36%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 7 days ago.)

Trading Expectations (AIBG.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect AIB Group Plc to open at £392.83, and during the day (based on 14 day Average True Range), to move between £376.67 and £402.33, which gives a possible trading interval of +/-£12.83 (+/-3.29%) up or down from last closing price. If AIB Group Plc takes out the full calculated possible swing range there will be an estimated 6.59% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £394.50 (1.28%) than the support at £338.50 (13.09%), 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 AIB Group Plc 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 AIB Group Plc stock to perform well in the short-term.

Current score: 2.585 Buy Candidate Unchanged

Predicted Opening Price for AIB Group Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£392.83 ( 0.86%) £389.50

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

Trading levels for AIBG.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 402.83 3.42 %
R2 399.01 2.44 %
R1 396.65 1.84 %
Current price: 389.50
Support S1 389.01 -0.125 %
S2 386.65 -0.731 %
S3 382.83 -1.71 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 409.50 5.13 %
R2 396.50 1.80 %
R1 394.50 1.28 %
Current price 389.50
Support S1 338.50 -13.09%
S2 337.00 -13.48%
S3 334.50 -14.12%

AIBG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 21, 2024 Mar 21, 2024 May 10, 2024 £22.74 5.79%
2 Mar 08, 2023 Mar 30, 2023 May 12, 2023 £6.20 1.86%
3 Mar 03, 2022 Mar 31, 2022 May 13, 2022 £4.50 2.46%
4 Mar 06, 2020 Mar 26, 2020 May 07, 2020 £8.00 9.21%
5 Mar 02, 2018 Mar 21, 2019 May 04, 2018 £17.00 3.95%

FAQ

What is the symbol for AIB Group Plc Stock and on which exchange is it traded?
The symbol for AIB Group Plc is AIBG.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell AIB Group Plc 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 AIB Group Plc stock to perform well in the short-term.

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

What's the current price of AIB Group Plc Stock?
As of the end of day on the 2024-03-27, the price of an AIB Group Plc (AIBG.L) share was £389.50.

What is the 52-week high and low for AIB Group Plc Stock?
The 52-week high for AIB Group Plc Stock is £410.00 and the 52-week low is £312.50.

What is the market capitalization of AIB Group Plc Stock?
As of the 2024-03-27, the market capitalization of AIB Group Plc is 10.2B.
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About AIB Group Plc

AIB Group Plc AIB Group plc provides banking and financial products and services to retail, business, and corporate customers. It operates through Retail Banking, Corporate Institutional & Business Banking, AIB UK, and Group segments. The company offers current and savings accounts, demand deposits, notice deposits, fixed term deposits, junior/student saver deposits, and currency deposits. AIB Group plc also provides personal, car, home improvement, education,... AIBG.L Profile

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