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: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Red day on Tuesday for Blue Star Capital
(Updated on Sep 01, 2020)

Hold candidate since Jul 17, 2020 Gain 23.53% PDF

The Blue Star Capital stock price fell by -4.55% on the last day (Tuesday, 1st Sep 2020) from £0.0022 to £0.0021. During the last trading day the stock fluctuated 0% from a day low at £0.0021 to a day high of £0.0021. The price has risen in 5 of the last 10 days and is up by 90.91% over the past 2 weeks. 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 million shares and in total, 6 million shares were bought and sold for approximately £13.51 thousand.

Given the current short-term trend, the stock is expected to rise 26.09% during the next 3 months and, with a 90% probability hold a price between £0.0026 and £0.0029 at the end of this 3-month period.

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BLU.L Signals & Forecast

The Blue Star Capital 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 £0.0017 and £0.0012. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Tuesday, November 30, -1. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Blue Star Capital stock

Blue Star Capital finds support from accumulated volume at £0.0020 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: £0 (-5.00%) (Unable to calculate.)

Trading Expectations (BLU.L) For The Upcoming Trading Day Of Wednesday 2nd

Since the stock is closer to the support from accumulated volume at £0.0020 (4.76%) than the resistance at £0.0022 (4.76%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Blue Star Capital stock A Buy?

Blue Star Capital 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 Blue Star Capital of Wednesday, September 2, 2020

Fair opening price September 2, 2020 Current price
£0.0021 ( 0%) £0.0021

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

Trading levels for BLU.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0021 .
R2 0.0021 .
R1 0.0021 .
Current price: 0.0021
Support S1 0.0021 .
S2 0.0021 .
S3 0.0021 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0.0022 4.76 %
Current price 0.0021
Support S1 0.0020 -4.76%
S2 0.0018 -14.29%
S3 0.0017 -19.05%

FAQ

What is the symbol for Blue Star Capital Stock and on which exchange is it traded?
The symbol for Blue Star Capital is BLU.L and it is traded on the XLON (London Stock Exchange).

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

What's the current price of Blue Star Capital Stock?
As of the end of day on the 2020-09-01, the price of an Blue Star Capital (BLU.L) share was £0.0021.

What is the 52-week high and low for Blue Star Capital Stock?
The 52-week high for Blue Star Capital Stock is £0.0022 and the 52-week low is £0.0007.

What is the market capitalization of Blue Star Capital Stock?
As of the 2020-09-01, the market capitalization of Blue Star Capital is 1.604M.
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About Blue Star Capital

Blue Star Capital Blue Star Capital plc is a private equity and venture capital firm specializing in investments in seed, early stage, and late stage companies, including buy-outs. The firm provides funding for shell companies at the founder stage, upon IPO and operating businesses prior to IPO or alternative exit. It typically invests in new, disruptive technologies in the fast growing areas of esports, blockchain, and payments. The firm invests globally. The fir... BLU.L Profile

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