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 ATRO
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Astronics Corporation stock price ended at $19.04 on Thursday, after gaining 0.634%.
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 0.63% PDF

The Astronics Corporation stock price gained 0.634% on the last trading day (Thursday, 28th Mar 2024), rising from $18.92 to $19.04. During the last trading day the stock fluctuated 2.66% from a day low at $18.83 to a day high of $19.33. The price has risen in 7 of the last 10 days and is up by 9.36% over the past 2 weeks. Volume fell on the last day by -17 thousand shares and in total, 119 thousand shares were bought and sold for approximately $2.27 million. 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 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 13.38% during the next 3 months and, with a 90% probability hold a price between $20.13 and $23.06 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

ATRO Signals & Forecast

Mostly positive signals in the chart today. The Astronics Corporation 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 $18.58 and $18.55. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 9.36%. 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 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.

Support, Risk & Stop-loss for Astronics Corporation stock

Astronics Corporation finds support from accumulated volume at $18.21 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 $0.500 between high and low, or 2.66%. For the last week, the stock has had daily average volatility of 3.23%.

Our recommended stop-loss: $18.39 (-3.43%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 10 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Astronics Corporation to open at $19.07, and during the day (based on 14 day Average True Range), to move between $18.45 and $19.63, which gives a possible trading interval of +/-$0.591 (+/-3.10%) up or down from last closing price. If Astronics Corporation takes out the full calculated possible swing range there will be an estimated 6.21% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $19.11 (0.37%) than the support at $18.21 (4.36%), 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 Astronics Corporation 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 Astronics Corporation stock to perform well in the short-term.

Current score: 2.620 Buy Candidate Unchanged

Predicted Opening Price for Astronics Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$19.07 ( 0.140%) $19.04

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

Trading levels for ATRO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 19.57 2.77 %
R2 19.38 1.76 %
R1 19.26 1.14 %
Current price: 19.04
Support S1 18.88 -0.86 %
S2 18.76 -1.48 %
S3 18.57 -2.49 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 19.51 2.47 %
R2 19.17 0.683 %
R1 19.11 0.368 %
Current price 19.04
Support S1 18.21 -4.36%
S2 17.65 -7.30%
S3 16.45 -13.60%

ATRO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 25, 2012 Oct 25, 2012 Oct 25, 2012 $1.67 16.16%
2 Oct 02, 2008 Oct 02, 2008 Oct 02, 2008 $2.04 31.16%
3 Mar 17, 2003 Mar 17, 2003 Mar 17, 2003 $1.10 62.63%
4 Nov 14, 2001 Nov 14, 2001 Nov 14, 2001 $1.41 26.85%
5 Oct 13, 2000 Oct 13, 2000 Oct 13, 2000 $0.333 8.37%

FAQ

What is the symbol for Astronics Corporation Stock and on which exchange is it traded?
The symbol for Astronics Corporation is ATRO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Astronics Corporation 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 Astronics Corporation stock to perform well in the short-term.

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

What's the current price of Astronics Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Astronics Corporation (ATRO) share was $19.04.

What is the 52-week high and low for Astronics Corporation Stock?
The 52-week high for Astronics Corporation Stock is $22.44 and the 52-week low is $12.91.

What is the market capitalization of Astronics Corporation Stock?
As of the 2024-03-28, the market capitalization of Astronics Corporation is 653.679M.

When is the next earnings date for Astronics Corporation?
The upcoming earnings date for Astronics Corporation is May 14, 2024.
Click to get the best stock tips daily for free!

About Astronics Corporation

Astronics Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. It operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avion... ATRO Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT