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 CASS
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Cass Information Systems stock price ended at $48.17 on Thursday, after gaining 1.56%.
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 1.56% PDF

The Cass Information Systems stock price gained 1.56% on the last trading day (Thursday, 28th Mar 2024), rising from $47.43 to $48.17. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.16% from a day low at $47.12 to a day high of $48.61. The price has risen in 6 of the last 10 days and is up by 4.67% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 17 thousand more shares were traded than the day before. In total, 63 thousand shares were bought and sold for approximately $3.03 million.

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 11.11% during the next 3 months and, with a 90% probability hold a price between $50.32 and $56.75 at the end of this 3-month period.

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CASS Signals & Forecast

The Cass Information Systems stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $46.84 and $46.88. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 6.27%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Thursday, February 15, 2024 and based on theory for this formation the price should fall by -7.46% to $44.58 within 3 trading days since signal was issued (Monday, April 01, 2024).

Support, Risk & Stop-loss for Cass Information Systems stock

Cass Information Systems finds support from accumulated volume at $46.36 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.49 between high and low, or 3.16%. For the last week the stock has had daily average volatility of 2.40%.

Our recommended stop-loss: $46.12 (-4.25%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Cass Information Systems to open at $47.97, and during the day (based on 14 day Average True Range), to move between $47.02 and $49.32, which gives a possible trading interval of +/-$1.15 (+/-2.38%) up or down from last closing price. If Cass Information Systems takes out the full calculated possible swing range there will be an estimated 4.77% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $48.32 (0.31%) than the support at $46.36 (3.76%), 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 Cass Information Systems 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 Cass Information Systems stock to perform well in the short-term.

Current score: 4.001 Buy Candidate Unchanged

Predicted Opening Price for Cass Information Systems of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$47.97 ( 0.422%) $48.17

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

Trading levels for CASS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 49.46 2.67 %
R2 48.89 1.49 %
R1 48.54 0.759 %
Current price: 48.17
Support S1 47.40 -1.60 %
S2 47.05 -2.33 %
S3 46.48 -3.52 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 48.43 0.540 %
R2 48.39 0.457 %
R1 48.32 0.311 %
Current price 48.17
Support S1 46.36 -3.76%
S2 45.40 -5.75%
S3 44.40 -7.83%

CASS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 25, 2024 Mar 04, 2024 Mar 15, 2024 $0.300 0.647%
2 Oct 17, 2023 Dec 04, 2023 Dec 15, 2023 $0.300 0.664%
3 Jul 18, 2022 Sep 01, 2023 Sep 15, 2023 $0.290 0.755%
4 Apr 18, 2023 Jun 02, 2023 Sep 15, 2023 $0.290 0.755%
5 Jan 24, 2023 Mar 02, 2023 Jun 15, 2023 $0.290 0.712%

FAQ

What is the symbol for Cass Information Systems Stock and on which exchange is it traded?
The symbol for Cass Information Systems is CASS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Cass Information Systems 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 Cass Information Systems stock to perform well in the short-term.

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

What's the current price of Cass Information Systems Stock?
As of the end of day on the 2024-03-28, the price of an Cass Information Systems (CASS) share was $48.17.

What is the 52-week high and low for Cass Information Systems Stock?
The 52-week high for Cass Information Systems Stock is $50.25 and the 52-week low is $35.05.

What is the market capitalization of Cass Information Systems Stock?
As of the 2024-03-28, the market capitalization of Cass Information Systems is 646.552M.

When is the next earnings date for Cass Information Systems?
The upcoming earnings date for Cass Information Systems is Apr 15, 2024.
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About Cass Information Systems

Cass Information Systems Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. It operates through two segments, Information Services and Banking Services. The company's services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. It also processes and pays facility-related invoices, such as ... CASS Profile

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