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 GNC.L
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GNC Holdings Inc stock upgraded from Hold/Accumulate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 18, 2024 Gain 20.41% PDF

The GNC Holdings Inc stock price fell by -0.508% on the last day (Wednesday, 27th Mar 2024) from £118.00 to £117.40. During the last trading day the stock fluctuated 3.93% from a day low at £116.90 to a day high of £121.50. The price has risen in 6 of the last 10 days and is up by 9.11% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -4 million shares and in total, 4 million shares were bought and sold for approximately £483.92 million.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at £118.25 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 15.56% during the next 3 months and, with a 90% probability hold a price between £123.00 and £136.65 at the end of this 3-month period.

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GNC.L Signals & Forecast

The GNC Holdings Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at £114.26 and £105.94. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen -0.508%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for GNC Holdings Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at £110.60 and £102.70. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, GNC Holdings Inc finds support just below today's level at £110.60. If this is broken, then the next support from accumulated volume will be at £102.70 and £98.40.

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 £4.60 between high and low, or 3.93%. For the last week, the stock has had daily average volatility of 3.41%.

The GNC Holdings Inc stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: £113.32 (-3.47%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 86 and this increases the risk substantially. There is a sell signal from a pivot top found 1 day ago.)

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

For the upcoming trading day on Thursday, 28th we expect GNC Holdings Inc to open at £118.60, and during the day (based on 14 day Average True Range), to move between £114.19 and £120.61, which gives a possible trading interval of +/-£3.21 (+/-2.73%) up or down from last closing price. If GNC Holdings Inc takes out the full calculated possible swing range there will be an estimated 5.47% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £118.00 (0.51%) than the support at £110.60 (5.79%), 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 GNC Holdings Inc 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 GNC Holdings Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.370 Buy Candidate Upgraded

Predicted Opening Price for GNC Holdings Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£118.60 ( 1.02%) £117.40

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

Trading levels for GNC.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 123.20 4.94 %
R2 121.44 3.44 %
R1 120.36 2.52 %
Current price: 117.40
Support S1 116.84 -0.475 %
S2 115.76 -1.40 %
S3 114.00 -2.90 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 118.00 0.511 %
Current price 117.40
Support S1 110.60 -5.79%
S2 102.70 -12.52%
S3 98.40 -16.18%

GNC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 26, 2019 Jan 02, 2020 Feb 28, 2020 £3.75 1.79%
2 May 21, 2019 May 30, 2019 Jul 03, 2019 £2.45 1.10%
3 Dec 04, 2018 Jan 10, 2019 Feb 05, 2019 £3.37 1.68%
4 May 22, 2018 Aug 30, 2018 Oct 04, 2018 £2.20 1.11%
5 Nov 28, 2017 Dec 07, 2017 Apr 05, 2018 £3.37 2.51%

FAQ

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

Should I buy or sell GNC Holdings Inc 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 GNC Holdings Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy GNC Holdings Inc Stock?
GNC Holdings 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 GNC Holdings Inc Stock.

What's the current price of GNC Holdings Inc Stock?
As of the end of day on the 2024-03-27, the price of an GNC Holdings Inc (GNC.L) share was £117.40.

What is the 52-week high and low for GNC Holdings Inc Stock?
The 52-week high for GNC Holdings Inc Stock is £121.50 and the 52-week low is £68.35.

What is the market capitalization of GNC Holdings Inc Stock?
As of the 2024-03-27, the market capitalization of GNC Holdings Inc is 541.202M.

When is the next earnings date for GNC Holdings Inc?
The upcoming earnings date for GNC Holdings Inc is May 21, 2024.
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About GNC Holdings Inc

GNC Holdings Greencore Group plc, together with its subsidiaries, engages in the manufacture and sale of convenience food products primarily in the United Kingdom and Ireland. The company provides various products, including sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings. It is also involved in the trading of Irish ingredients; finance activi... GNC.L Profile

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