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: [ 25 - 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 GPK
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Graphic Packaging Holding Company stock price ended at $29.09 on Wednesday, after gaining 0.657%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 05, 2024 Gain 11.88% PDF

The Graphic Packaging Holding Company stock price gained 0.657% on the last trading day (Wednesday, 27th Mar 2024), rising from $28.90 to $29.09. It has now gained 7 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 1.39% from a day low at $28.88 to a day high of $29.28. The price has risen in 7 of the last 10 days and is up by 2.54% over the past 2 weeks. Volume fell on the last day by -1 million shares and in total, 2 million shares were bought and sold for approximately $71.35 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 has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $28.87, a level that may pose a second chance to hit a runner. According to fan-theory $31.96 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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GPK Signals & Forecast

The Graphic Packaging Holding Company 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 $28.20 and $26.51. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 19.47%. 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.

Support, Risk & Stop-loss for Graphic Packaging Holding Company stock

On the downside, the stock finds support just below today's level from accumulated volume at $26.22 and $25.74. 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, Graphic Packaging Holding Company finds support just below today's level at $26.22. If this is broken, then the next support from accumulated volume will be at $25.74 and $25.24.

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 $0.400 between high and low, or 1.39%. For the last week, the stock has had daily average volatility of 2.07%.

Since the Graphic Packaging Holding Company has been rising for 7 days in a row, the risk over the next couple of days has increased. As we cannot be certain with regards to the size of the reaction, we urge caution.

Our recommended stop-loss: $28.21 (-3.02%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 30 days ago.)

Trading Expectations (GPK) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Graphic Packaging Holding Company to open at $29.08, and during the day (based on 14 day Average True Range), to move between $28.48 and $29.70, which gives a possible trading interval of +/-$0.608 (+/-2.09%) up or down from last closing price. If Graphic Packaging Holding Company takes out the full calculated possible swing range there will be an estimated 4.18% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $26.22, some $2.87 (9.87%) from the current price of $29.09, our system finds the risk reward attractive.

Is Graphic Packaging Holding Company stock A Buy?

Graphic Packaging Holding Company 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 Graphic Packaging Holding Company of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$29.08 ( 0.0229%) $29.09

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

Trading levels for GPK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 29.48 1.35 %
R2 29.33 0.83 %
R1 29.24 0.502 %
Current price: 29.09
Support S1 28.93 -0.548 %
S2 28.84 -0.87 %
S3 28.68 -1.40 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 29.09
Support S1 26.22 -9.87%
S2 25.74 -11.52%
S3 25.24 -13.23%

GPK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 16, 2024 Mar 14, 2024 Apr 05, 2024 $0.100 0.344%
2 Nov 16, 2023 Dec 14, 2023 Jan 05, 2024 $0.100 0.389%
3 Jul 28, 2023 Sep 14, 2023 Oct 05, 2023 $0.100 0.465%
4 May 24, 2023 Jun 14, 2023 Oct 05, 2023 $0.100 0.465%
5 Feb 20, 2023 Mar 14, 2023 Apr 05, 2023 $0.100 0.397%

FAQ

What is the symbol for Graphic Packaging Holding Company Stock and on which exchange is it traded?
The symbol for Graphic Packaging Holding Company is GPK and it is traded on the NYSE (New York Stock Exchange).

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

What's the current price of Graphic Packaging Holding Company Stock?
As of the end of day on the 2024-03-27, the price of an Graphic Packaging Holding Company (GPK) share was $29.09.

What is the 52-week high and low for Graphic Packaging Holding Company Stock?
The 52-week high for Graphic Packaging Holding Company Stock is $29.28 and the 52-week low is $20.07.

What is the market capitalization of Graphic Packaging Holding Company Stock?
As of the 2024-03-27, the market capitalization of Graphic Packaging Holding Company is 8.903B.

When is the next earnings date for Graphic Packaging Holding Company?
The upcoming earnings date for Graphic Packaging Holding Company is Apr 30, 2024.
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About Graphic Packaging Holding Company

Graphic Packaging Holding Company Graphic Packaging Holding Company, together with its subsidiaries, provides fiber-based packaging solutions to food, beverage, foodservice, and other consumer products companies. It operates through three segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The company offers coated unbleached kraft (CUK), coated recycled paperboard (CRB), and solid bleached sulfate paperboard (SBS) to various paperboard pac... GPK Profile

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