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 - 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 DLA
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Delta Apparel, Inc stock price up 0.673% on Thursday
(Updated on Mar 28, 2024)

Sell candidate since Feb 12, 2024 Loss -55.83% PDF

The Delta Apparel, Inc stock price gained 0.673% on the last trading day (Thursday, 28th Mar 2024), rising from $2.97 to $2.99. During the last trading day the stock fluctuated 8.33% from a day low at $2.88 to a day high of $3.12. The price has been going up and down for this period, and there has been a 1.01% gain for the last 2 weeks. Volume fell on the last day by -7 thousand shares and in total, 13 thousand shares were bought and sold for approximately $38.28 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. 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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DLA Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, February 20, 2024, and so far it has risen 21.05%. 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 Delta Apparel, Inc 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 $3.00 and $3.47. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Delta Apparel, Inc stock

Delta Apparel, Inc finds support from accumulated volume at $2.91 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.240 between high and low, or 8.33%. For the last week the stock has had daily average volatility of 7.76%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Monday, 1st we expect Delta Apparel, Inc to open at $3.00, and during the day (based on 14 day Average True Range), to move between $2.72 and $3.26, which gives a possible trading interval of +/-$0.271 (+/-9.07%) up or down from last closing price. If Delta Apparel, Inc takes out the full calculated possible swing range there will be an estimated 18.15% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.05 (2.01%) than the support at $2.91 (2.68%), 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 Delta Apparel, Inc stock A Buy?

Delta Apparel, Inc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.683 Sell Candidate Unchanged

Predicted Opening Price for Delta Apparel, Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$3.00 ( 0.224%) $2.99

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

Trading levels for DLA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.24 8.25 %
R2 3.14 5.18 %
R1 3.09 3.29 %
Current price: 2.99
Support S1 2.91 -2.84 %
S2 2.85 -4.73 %
S3 2.76 -7.80 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.59 20.07 %
R2 3.10 3.68 %
R1 3.05 2.01 %
Current price 2.99
Support S1 2.91 -2.68%
S2 2.75 -8.03%
S3 2.47 -17.39%

DLA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 17, 2007 Aug 27, 2007 Sep 10, 2007 $0.0500 0.292%
2 May 01, 2007 May 14, 2007 May 29, 2007 $0.0500 0.294%
3 Feb 02, 2007 Feb 12, 2007 Feb 26, 2007 $0.0500 0.296%
4 Nov 06, 2006 Nov 13, 2006 Nov 27, 2006 $0.0500 0.277%
5 Aug 18, 2006 Aug 28, 2006 Sep 11, 2006 $0.0500 0.260%

FAQ

What is the symbol for Delta Apparel, Inc Stock and on which exchange is it traded?
The symbol for Delta Apparel, Inc is DLA and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Delta Apparel, Inc Stock?
Delta Apparel, Inc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Delta Apparel, Inc Stock?
Delta Apparel, 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 Delta Apparel, Inc Stock.

What's the current price of Delta Apparel, Inc Stock?
As of the end of day on the 2024-03-28, the price of an Delta Apparel, Inc (DLA) share was $2.99.

What is the 52-week high and low for Delta Apparel, Inc Stock?
The 52-week high for Delta Apparel, Inc Stock is $11.84 and the 52-week low is $2.47.

What is the market capitalization of Delta Apparel, Inc Stock?
As of the 2024-03-28, the market capitalization of Delta Apparel, Inc is 21.083M.

When is the next earnings date for Delta Apparel, Inc?
The upcoming earnings date for Delta Apparel, Inc is May 02, 2024.
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About Delta Apparel, Inc

Delta Apparel Delta Apparel, Inc., through its subsidiaries, designs, manufactures, sources, and markets activewear and lifestyle apparel products in the United States and internationally. The company operates through two segments, Delta Group and Salt Life Group. It offers on-demand digitally printed apparel products under the DTG2Go brand; silhouettes and fleece products; performance shirts that keep athletes dry under the Delta Dri line brand; ringspun garm... DLA Profile

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