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.

Cereplast Inc stock price down 0% on Monday
(Updated on Sep 07, 2020)

Hold candidate since Aug 10, 2020 PDF

No changes to the price of Cereplast Inc stock on the last trading day (Monday, 7th Sep 2020). During the last trading day the stock fluctuated 0% from a day low at £0.0200 to a day high of £0.0200. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock has broken the narrow and horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. £0 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the stock is predicted to reach £0 sometime during the next 3 months.

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CERP.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, September 04, 2020, 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. 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 Cereplast Inc 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 0%

Our recommended stop-loss: £0.0188 (-6.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 1 day ago.)

Trading Expectations (CERP.L) For The Upcoming Trading Day Of Tuesday 8th

For the upcoming trading day on Tuesday, 8th we expect Cereplast Inc to open at £0.0200, and during the day (based on 14 day Average True Range), to move between £0.0200 and £0.0200, which gives a possible trading interval of +/-£0.00003513 (+/-0.18%) up or down from last closing price. If Cereplast Inc takes out the full calculated possible swing range there will be an estimated 0.35% move between the lowest and the highest trading price during the day.

Is Cereplast Inc stock A Buy?

Cereplast Inc 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 Cereplast Inc of Tuesday, September 8, 2020

Fair opening price September 8, 2020 Current price
£0.0200 ( 0%) £0.0200

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

Trading levels for CERP.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0200 .
R2 0.0200 .
R1 0.0200 .
Current price: 0.0200
Support S1 0.0200 .
S2 0.0200 .
S3 0.0200 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 0.0200
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for Cereplast Inc Stock and on which exchange is it traded?
The symbol for Cereplast Inc is CERP.L and it is traded on the XLON (London Stock Exchange).

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

What's the current price of Cereplast Inc Stock?
As of the end of day on the 2020-09-07, the price of an Cereplast Inc (CERP.L) share was £0.0200.

What is the 52-week high and low for Cereplast Inc Stock?
The 52-week high for Cereplast Inc Stock is £0.0510 and the 52-week low is £0.0088.
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