Fri 23'rd Feb 2018
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, which purpose is to provide a relative definition of high and low. This defintion is used to identify buy and sell signals and have 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. Get-A-Graph 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)
Bottlenecks in bandwidth indicates a upcoming change. Break up through the moving average line, or continuously movements above the moving average line indicates a break up, and vice versa downwards.
Rockwell Collins Inc Stock Analysis
Technical stock analysis for Fri 23'rd Feb 2018
|Shorts||2.94% ( 2018-01-31 )|
|Cash||2 145.0 mill|
|Loans||24 518.0 mill|
Rockwell Collins Inc lies in the middle of a narrow and weak 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 2.73% during the next 3 months and, with 90% probability hold a price between $137.44 and $144.16 at the end of this period.
There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Thursday February 22, 2018, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Rockwell Collins Inc holds buy signals from both short- and long-term moving averages, 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 $136.14 and $136.72. A break down below any of these levels will issue sell signals.
Relative Strength Index (RSI)
RSI14 is 48 and the stock is currently not being overbought or oversold
Support & Resistance
Rockwell Collins Inc finds support from accumulated volume at $135.02. On the upside the stock meets some resistance just above today's level from accumulated volume at $137.79, $137.94 and $139.37.
The stock is about to test the resistance from accumulated volume at $137.79 and this may cause the stock to take a minor break or get into a more sideways move for a few days.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.21 (0.89%) between high and low. For the last week, the stock has had a daily average volatility of 1.08%.
Our recommended stoploss: $131.19 (-4.33%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 1 days ago.)
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Rockwell Collins Inc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.
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