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.
AI Analysis of FDP.L
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Fresh Del Monte Produce Inc stock price ended at £1,212.00 on Wednesday, after gaining 1.00%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 22, 2024 Loss -2.10% PDF

The Fresh Del Monte Produce Inc stock price gained 1.00% on the last trading day (Wednesday, 27th Mar 2024), rising from £1,200.00 to £1,212.00. During the last trading day the stock fluctuated 3.69% from a day low at £1,192.00 to a day high of £1,236.00. The price has risen in 7 of the last 10 days but is still down by -2.73% for this period. Volume fell on the last day by -186 thousand shares and in total, 41 thousand shares were bought and sold for approximately £49.75 million. 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 wide 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 5.48% during the next 3 months and, with a 90% probability hold a price between £1,184.85 and £1,448.13 at the end of this 3-month period.

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FDP.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 04, 2024, and so far it has risen 9.78%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Fresh Del Monte Produce 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 £1,214.00 and £1,242.51. A break-up above any of these levels will issue buy signals.

Support, Risk & Stop-loss for Fresh Del Monte Produce Inc stock

Fresh Del Monte Produce Inc finds support from accumulated volume at £1,200.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £44.00 between high and low, or 3.69%. For the last week, the stock has had daily average volatility of 3.66%.

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

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

For the upcoming trading day on Thursday, 28th we expect Fresh Del Monte Produce Inc to open at £1,213.33, and during the day (based on 14 day Average True Range), to move between £1,158.05 and £1,265.95, which gives a possible trading interval of +/-£53.95 (+/-4.45%) up or down from last closing price. If Fresh Del Monte Produce Inc takes out the full calculated possible swing range there will be an estimated 8.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £1,200.00 (0.99%) than the resistance at £1,244.00 (2.64%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Fresh Del Monte Produce Inc stock A Buy?

The Fresh Del Monte Produce Inc stock holds several negative signals and despite the positive trend, we believe Fresh Del Monte Produce Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.525 Sell Candidate Unchanged

Predicted Opening Price for Fresh Del Monte Produce Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£1,213.33 ( 0.110%) £1,212.00

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

Trading levels for FDP.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1,257.33 3.74 %
R2 1,240.53 2.35 %
R1 1,230.14 1.50 %
Current price: 1,212.00
Support S1 1,196.53 -1.28 %
S2 1,186.14 -2.13 %
S3 1,169.33 -3.52 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1,340.00 10.56 %
R2 1,274.00 5.12 %
R1 1,244.00 2.64 %
Current price 1,212.00
Support S1 1,200.00 -0.99%
S2 1,150.00 -5.12%
S3 1,042.00 -14.03%

FDP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 05, 2019 Nov 14, 2019 Dec 05, 2019 £8.50 0.328%
2 May 21, 2019 Jun 20, 2019 Jul 19, 2019 £19.30 0.634%
3 Nov 06, 2018 Nov 15, 2018 Dec 06, 2018 £7.70 0.367%
4 May 22, 2018 Jun 21, 2018 Jul 20, 2018 £17.00 0.426%
5 Nov 07, 2017 Nov 16, 2017 Dec 06, 2017 £7.00 0.189%

FAQ

What is the symbol for Fresh Del Monte Produce Inc Stock and on which exchange is it traded?
The symbol for Fresh Del Monte Produce Inc is FDP.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Fresh Del Monte Produce Inc Stock?
The Fresh Del Monte Produce Inc stock holds several negative signals and despite the positive trend, we believe Fresh Del Monte Produce Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Fresh Del Monte Produce Inc Stock?
Fresh Del Monte Produce 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 Fresh Del Monte Produce Inc Stock.

What's the current price of Fresh Del Monte Produce Inc Stock?
As of the end of day on the 2024-03-27, the price of an Fresh Del Monte Produce Inc (FDP.L) share was £1,212.00.

What is the 52-week high and low for Fresh Del Monte Produce Inc Stock?
The 52-week high for Fresh Del Monte Produce Inc Stock is £2,245.00 and the 52-week low is £740.00.

What is the market capitalization of Fresh Del Monte Produce Inc Stock?
As of the 2024-03-27, the market capitalization of Fresh Del Monte Produce Inc is 340.55M.

When is the next earnings date for Fresh Del Monte Produce Inc?
The upcoming earnings date for Fresh Del Monte Produce Inc is May 21, 2024.
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About Fresh Del Monte Produce Inc

Fresh Del Monte Produce FD Technologies Plc provides software and consulting services in the United Kingdom and internationally. The company operates through Managed Services and Consulting, and Software segments. It provides KX, a technology for real-time data analytics and data management; First Derivative, a technology-led service for capital markets; and MRP Prelytix platform, an enterprise-class predictive account-based marketing solution. In addition, the company ... FDP.L Profile

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