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 AYX
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Alteryx Inc. Class A stock price down 0% on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Nov 07, 2023 Gain 33.06% PDF

No changes to the price of Alteryx Inc. Class A stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0% from a day low at $48.26 to a day high of $48.26. The price has been going up and down for this period, and there has been a 0.04% gain for the last 2 weeks.

Given the current short-term trend, the stock is expected to rise 2.89% during the next 3 months and, with a 90% probability hold a price between $49.66 and $49.98 at the end of this 3-month period.

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AYX Signals & Forecast

The Alteryx Inc. Class A 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 $48.26 and $48.07. A breakdown below any of these levels will issue sell signals. 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 Tuesday, March 26, 2024, and so far it has fallen 0%. 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 on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Alteryx Inc. Class A stock

Alteryx Inc. Class A finds support from accumulated volume at $48.25 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $46.59 (-3.46%) (This stock has low daily movements and this gives low risk. The RSI14 is 77 and this increases the risk substantially. There is a sell signal from a pivot top found 1 day ago.)

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

For the upcoming trading day on Thursday, 28th we expect Alteryx Inc. Class A to open at $48.26, and during the day (based on 14 day Average True Range), to move between $48.21 and $48.31, which gives a possible trading interval of +/-$0.0473 (+/-0.10%) up or down from last closing price. If Alteryx Inc. Class A takes out the full calculated possible swing range there will be an estimated 0.20% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $48.25, some $0.0100 (0.02%) from the current price of $48.26, our system finds the risk reward attractive.

Is Alteryx Inc. Class A stock A Buy?

Alteryx Inc. Class A 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.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Alteryx Inc. Class A of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$48.26 ( 0%) $48.26

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

Trading levels for AYX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 48.26 .
R2 48.26 .
R1 48.26 .
Current price: 48.26
Support S1 48.26 .
S2 48.26 .
S3 48.26 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 48.26
Support S1 48.25 -0.0207%
S2 47.46 -1.66%
S3 47.05 -2.51%

FAQ

What is the symbol for Alteryx Inc. Class A Stock and on which exchange is it traded?
The symbol for Alteryx Inc. Class A is AYX and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Alteryx Inc. Class A Stock?
Alteryx Inc. Class A 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.

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

What's the current price of Alteryx Inc. Class A Stock?
As of the end of day on the 2024-03-27, the price of an Alteryx Inc. Class A (AYX) share was $48.26.

What is the 52-week high and low for Alteryx Inc. Class A Stock?
The 52-week high for Alteryx Inc. Class A Stock is $59.65 and the 52-week low is $27.95.

What is the market capitalization of Alteryx Inc. Class A Stock?
As of the 2024-03-27, the market capitalization of Alteryx Inc. Class A is 3.528B.

When is the next earnings date for Alteryx Inc. Class A?
The upcoming earnings date for Alteryx Inc. Class A is Apr 25, 2024.
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About Alteryx Inc. Class A

Alteryx. Class A Alteryx, Inc. operates in analytic process automation business in the Asia-Pacific, Europe, the Middle East, Africa, Latin America, and internationally. The company's analytics platform enables organizations to enhance business outcomes and the productivity of their business analysts, data scientists, citizen data scientists, and data engineers. Its analytics platform comprises Alteryx Designer, a data profiling, preparation, blending, analytics,... AYX Profile

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