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 HURN
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Huron Consulting Group Inc. stock price ended at $96.62 on Thursday, after gaining 0.311%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 26, 2024 Gain 1.15% PDF

The Huron Consulting Group Inc. stock price gained 0.311% on the last trading day (Thursday, 28th Mar 2024), rising from $96.32 to $96.62. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.43% from a day low at $96.29 to a day high of $97.67. The price has risen in 6 of the last 10 days and is up by 0.7% over the past 2 weeks. Volume fell on the last day by -6 thousand shares and in total, 84 thousand shares were bought and sold for approximately $8.10 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 falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -7.35% during the next 3 months and, with a 90% probability hold a price between $84.36 and $96.71 at the end of this 3-month period.

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HURN Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 2.90%. 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 Huron Consulting Group Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $99.85. On a fall, the stock will find some support from the short-term average at $95.67. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Huron Consulting Group Inc. stock

Huron Consulting Group Inc. finds support from accumulated volume at $96.47 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.38 between high and low, or 1.43%. For the last week the stock has had daily average volatility of 1.25%.

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

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

For the upcoming trading day on Monday, 1st we expect Huron Consulting Group Inc. to open at $96.86, and during the day (based on 14 day Average True Range), to move between $94.55 and $98.69, which gives a possible trading interval of +/-$2.07 (+/-2.15%) up or down from last closing price. If Huron Consulting Group Inc. takes out the full calculated possible swing range there will be an estimated 4.29% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $96.47 (0.16%) than the resistance at $97.93 (1.36%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Huron Consulting Group Inc. stock A Buy?

Huron Consulting Group Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.651 Sell Candidate Unchanged

Predicted Opening Price for Huron Consulting Group Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$96.86 ( 0.248%) $96.62

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

Trading levels for HURN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 98.24 1.68 %
R2 97.71 1.13 %
R1 97.39 0.794 %
Current price: 96.62
Support S1 96.33 -0.297 %
S2 96.01 -0.634 %
S3 95.48 -1.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 99.40 2.88 %
R2 98.13 1.56 %
R1 97.93 1.36 %
Current price 96.62
Support S1 96.47 -0.155%
S2 95.95 -0.693%
S3 93.90 -2.82%

FAQ

What is the symbol for Huron Consulting Group Inc. Stock and on which exchange is it traded?
The symbol for Huron Consulting Group Inc. is HURN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Huron Consulting Group Inc. Stock?
Huron Consulting Group Inc. holds several negative signals and we believe that 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 Huron Consulting Group Inc. Stock?
Huron Consulting Group 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 Huron Consulting Group Inc. Stock.

What's the current price of Huron Consulting Group Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Huron Consulting Group Inc. (HURN) share was $96.62.

What is the 52-week high and low for Huron Consulting Group Inc. Stock?
The 52-week high for Huron Consulting Group Inc. Stock is $113.31 and the 52-week low is $70.66.

What is the market capitalization of Huron Consulting Group Inc. Stock?
As of the 2024-03-28, the market capitalization of Huron Consulting Group Inc. is 1.765B.

When is the next earnings date for Huron Consulting Group Inc.?
The upcoming earnings date for Huron Consulting Group Inc. is May 07, 2024.
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About Huron Consulting Group Inc.

Huron Consulting Group. Huron Consulting Group Inc., a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Business Advisory, and Education. The Healthcare segment provides advisory services in the areas of financial and operational improvement, care transformation, and revenue cycle managed services; organizational transformation; and digital, technology and analytic solutio... HURN Profile

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