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 BVC.L
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Stronger technical forecast for BATM Advanced Communications Limited stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

No changes to the price of BATM Advanced Communications Limited stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0% from a day low at £19.02 to a day high of £19.02. The price has fallen in 5 of the last 10 days and is down by -3.84% for this period.

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 -13.28% during the next 3 months and, with a 90% probability hold a price between £15.06 and £18.64 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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BVC.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The BATM Advanced Communications Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at £19.14 and £20.38. A break-up above any of these levels will issue buy signals. 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.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation

Support, Risk & Stop-loss for BATM Advanced Communications Limited stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

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 2.19%

BATM Advanced Communications Limited is oversold on RSI14 (24). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: £17.78 (-6.52%) (This stock has low daily movements and this gives low risk. Low RSI14 is 24 which reduces the risk some. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (BVC.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect BATM Advanced Communications Limited to open at £19.02, and during the day (based on 14 day Average True Range), to move between £18.20 and £19.84, which gives a possible trading interval of +/-£0.82 (+/-4.31%) up or down from last closing price. If BATM Advanced Communications Limited takes out the full calculated possible swing range there will be an estimated 8.62% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ £20.65, some £1.63 (8.57%) from the current price of £19.02, our system finds the risk reward not very attractive.

Is BATM Advanced Communications Limited stock A Buy?

BATM Advanced Communications Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation 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: 0.000 Hold/Accumulate Upgraded

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 BATM Advanced Communications Limited of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£19.02 ( 0%) £19.02

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

Trading levels for BVC.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 19.02 .
R2 19.02 .
R1 19.02 .
Current price: 19.02
Support S1 19.02 .
S2 19.02 .
S3 19.02 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 21.85 14.88 %
R2 21.48 12.91 %
R1 20.65 8.57 %
Current price 19.02
Support S1 0 .
S2 0 .
S3 0 .

BVC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 22, 2021 Dec 09, 2021 Jan 05, 2022 £0.740 0.89%
2 Mar 07, 2011 Jun 22, 2011 Jul 18, 2011 £0.80 3.56%
3 Feb 08, 2010 Jun 30, 2010 Jul 26, 2010 £0.550 1.96%
4 Mar 17, 2009 Jun 24, 2009 Jul 20, 2009 £0.690 1.77%
5 Feb 21, 2008 Jun 25, 2008 Jul 18, 2008 £0.500 0.97%

FAQ

What is the symbol for BATM Advanced Communications Limited Stock and on which exchange is it traded?
The symbol for BATM Advanced Communications Limited is BVC.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell BATM Advanced Communications Limited Stock?
BATM Advanced Communications Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation 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 BATM Advanced Communications Limited Stock?
BATM Advanced Communications Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy BATM Advanced Communications Limited Stock.

What's the current price of BATM Advanced Communications Limited Stock?
As of the end of day on the 2024-03-27, the price of an BATM Advanced Communications Limited (BVC.L) share was £19.02.

What is the 52-week high and low for BATM Advanced Communications Limited Stock?
The 52-week high for BATM Advanced Communications Limited Stock is £30.85 and the 52-week low is £18.30.

What is the market capitalization of BATM Advanced Communications Limited Stock?
As of the 2024-03-27, the market capitalization of BATM Advanced Communications Limited is 83.05M.

When is the next earnings date for BATM Advanced Communications Limited?
The upcoming earnings date for BATM Advanced Communications Limited is Aug 27, 2024.
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About BATM Advanced Communications Limited

BATM Advanced Communications Limited BATM Advanced Communications Ltd., together with its subsidiaries, provides real-time technologies for networking solutions and bio-medical systems in Israel, the United States, and Europe. It operates in Networking and Cyber, and Bio-Medical divisions. The Networking and Cyber division is involved in the research and development, production, and marketing of data communication products, including network function virtualization, carrier ethernet... BVC.L Profile

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