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 ARTW
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Stronger technical forecast for Art stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Art stock price gained 1.46% on the last trading day (Wednesday, 27th Mar 2024), rising from $2.06 to $2.09. During the last trading day the stock fluctuated 3.24% from a day low at $2.02 to a day high of $2.09. The price has risen in 5 of the last 10 days and is up by 3.47% over the past 2 weeks. Volume fell on the last day by -510 shares and in total, 4 thousand shares were bought and sold for approximately $7.84 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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 -2.44% during the next 3 months and, with a 90% probability hold a price between $1.82 and $2.19 at the end of this 3-month period.

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ARTW Signals & Forecast

The Art 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 $2.07 and $2.04. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 4.50%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Art stock

Art finds support from accumulated volume at $2.09 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0655 between high and low, or 3.24%. For the last week the stock has had daily average volatility of 4.31%.

Our recommended stop-loss: $2.01 (-3.72%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (ARTW) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Art to open at $2.07, and during the day (based on 14 day Average True Range), to move between $1.97 and $2.21, which gives a possible trading interval of +/-$0.121 (+/-5.78%) up or down from last closing price. If Art takes out the full calculated possible swing range there will be an estimated 11.56% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.09 (0.00%) than the resistance at $2.13 (1.91%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Art stock A Buy?

Art 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: 0.799 Hold/Accumulate Upgraded

Predicted Opening Price for Art of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$2.07 ( 1.04%) $2.09

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

Trading levels for ARTW

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.13 2.09 %
R2 2.11 0.89 %
R1 2.09 0.153 %
Current price: 2.09
Support S1 2.04 -2.24 %
S2 2.03 -2.98 %
S3 2.00 -4.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.25 7.66 %
R2 2.14 2.39 %
R1 2.13 1.91 %
Current price 2.09
Support S1 2.09 -0.0048%
S2 2.06 -1.44%
S3 1.97 -5.74%

ARTW Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 26, 2015 Feb 10, 2015 Mar 02, 2015 $0.0500 1.09%
2 Nov 14, 2013 Nov 21, 2013 Nov 29, 2013 $0.100 1.60%
3 Nov 09, 2012 Nov 15, 2012 Nov 30, 2012 $0.100 1.82%
4 Nov 08, 2011 Nov 09, 2011 Nov 30, 2011 $0.0600 1.00%
5 Oct 28, 2010 Nov 09, 2010 Nov 30, 2010 $0.0600 0.628%

FAQ

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

Should I buy or sell Art Stock?
Art 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 Art Stock?
Art Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Art Stock.

What's the current price of Art Stock?
As of the end of day on the 2024-03-27, the price of an Art (ARTW) share was $2.09.

What is the 52-week high and low for Art Stock?
The 52-week high for Art Stock is $3.11 and the 52-week low is $1.85.

What is the market capitalization of Art Stock?
As of the 2024-03-27, the market capitalization of Art is 10.582M.

When is the next earnings date for Art?
The upcoming earnings date for Art is Apr 11, 2024.
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About Art

Art Art's-Way Manufacturing Co., Inc. manufactures and sells agricultural equipment, specialized modular science buildings, and steel cutting tools in the United States and internationally. The company operates through three segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment offers various specialized farm machinery, including portable and stationary animal feed processing equipment and related attachment... ARTW Profile

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