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 AMPH
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Amphastar Pharmaceuticals stock upgraded to Hold/Accumulate.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Amphastar Pharmaceuticals stock price gained 0.90% on the last trading day (Thursday, 28th Mar 2024), rising from $43.52 to $43.91. During the last trading day the stock fluctuated 2.45% from a day low at $43.76 to a day high of $44.83. The price has fallen in 6 of the last 10 days but is still up by 1.67% 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, 54 thousand more shares were traded than the day before. In total, 453 thousand shares were bought and sold for approximately $19.90 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 -26.55% during the next 3 months and, with a 90% probability hold a price between $29.76 and $36.02 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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AMPH Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 2.47%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Amphastar Pharmaceuticals 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 $48.49. On a fall, the stock will find some support from the short-term average at $43.79. 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.

Support, Risk & Stop-loss for Amphastar Pharmaceuticals stock

Amphastar Pharmaceuticals finds support from accumulated volume at $43.81 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 $1.07 between high and low, or 2.45%. For the last week, the stock has had daily average volatility of 2.20%.

Our recommended stop-loss: $41.44 (-5.63%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 8 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Amphastar Pharmaceuticals to open at $44.17, and during the day (based on 14 day Average True Range), to move between $42.43 and $45.39, which gives a possible trading interval of +/-$1.48 (+/-3.36%) up or down from last closing price. If Amphastar Pharmaceuticals takes out the full calculated possible swing range there will be an estimated 6.72% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $43.81 (0.23%) than the resistance at $46.22 (5.26%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Amphastar Pharmaceuticals stock A Buy?

Amphastar Pharmaceuticals holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.025 Hold/Accumulate Upgraded

Predicted Opening Price for Amphastar Pharmaceuticals of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$44.17 ( 0.585%) $43.91

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

Trading levels for AMPH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 45.24 3.02 %
R2 44.83 2.09 %
R1 44.58 1.52 %
Current price: 43.91
Support S1 43.76 -0.346 %
S2 43.51 -0.92 %
S3 43.10 -1.85 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 54.82 24.85 %
R2 46.57 6.06 %
R1 46.22 5.26 %
Current price 43.91
Support S1 43.81 -0.228%
S2 43.52 -0.89%
S3 43.05 -1.96%

AMPH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 07, 2010 Jun 11, 2010 Jun 30, 2010 $0.300 0%
2 Jun 05, 2009 Jun 11, 2009 Jun 30, 2009 $0.300 0%

FAQ

What is the symbol for Amphastar Pharmaceuticals Stock and on which exchange is it traded?
The symbol for Amphastar Pharmaceuticals is AMPH and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Amphastar Pharmaceuticals Stock?
Amphastar Pharmaceuticals holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

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

What's the current price of Amphastar Pharmaceuticals Stock?
As of the end of day on the 2024-03-28, the price of an Amphastar Pharmaceuticals (AMPH) share was $43.91.

What is the 52-week high and low for Amphastar Pharmaceuticals Stock?
The 52-week high for Amphastar Pharmaceuticals Stock is $67.66 and the 52-week low is $35.62.

What is the market capitalization of Amphastar Pharmaceuticals Stock?
As of the 2024-03-28, the market capitalization of Amphastar Pharmaceuticals is 2.112B.

When is the next earnings date for Amphastar Pharmaceuticals?
The upcoming earnings date for Amphastar Pharmaceuticals is May 14, 2024.
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About Amphastar Pharmaceuticals

Amphastar Pharmaceuticals Amphastar Pharmaceuticals, Inc., a bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France. The company operates through two segments, Finished Pharmaceutical Products and API. It offers Primatene Mist, an over-the-counter epinephrine inhalation product for the temporary relief of mild symptoms of intermittent asthma; Eno... AMPH Profile

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