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 JEMI.L
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Red day on Wednesday for JPMorgan Global Emerging Markets Income stock after losing 0.760%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 29, 2024 Gain 0.38% PDF

The JPMorgan Global Emerging Markets Income stock price fell by -0.760% on the last day (Wednesday, 27th Mar 2024) from £131.50 to £130.50. During the last trading day the stock fluctuated 3.46% from a day low at £130.00 to a day high of £134.50. The price has been going up and down for this period, and there has been a -0.38% loss for the last 2 weeks. Volume has increased on the last day by 91 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 528 thousand shares were bought and sold for approximately £68.95 million.

The stock lies in the middle of a 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 8.02% during the next 3 months and, with a 90% probability hold a price between £138.58 and £145.56 at the end of this 3-month period.

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JEMI.L Signals & Forecast

A sell signal was issued from a pivot top point on Tuesday, March 12, 2024, and so far it has fallen -1.88%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. The JPMorgan Global Emerging Markets Income stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately £131.36. On a fall, the stock will find some support from the long-term average at approximately £130.44. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.

Support, Risk & Stop-loss for JPMorgan Global Emerging Markets Income stock

JPMorgan Global Emerging Markets Income finds support from accumulated volume at £130.00 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 £4.50 between high and low, or 3.46%. For the last week the stock has had daily average volatility of 3.33%.

Our recommended stop-loss: £126.04 (-3.42%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 11 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect JPMorgan Global Emerging Markets Income Trust Plc to open at £131.67, and during the day (based on 14 day Average True Range), to move between £126.99 and £134.01, which gives a possible trading interval of +/-£3.51 (+/-2.69%) up or down from last closing price. If JPMorgan Global Emerging Markets Income Trust Plc takes out the full calculated possible swing range there will be an estimated 5.38% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £131.00 (0.38%) than the support at £130.00 (0.38%), 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 JPMorgan Global Emerging Markets Income Trust Plc stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 2.325 Buy Candidate Unchanged

Predicted Opening Price for JPMorgan Global Emerging Markets Income Trust Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£131.67 ( 0.89%) £130.50

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

Trading levels for JEMI.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 136.17 4.34 %
R2 134.45 3.03 %
R1 133.39 2.21 %
Current price: 130.50
Support S1 129.95 -0.423 %
S2 128.89 -1.24 %
S3 127.17 -2.55 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 132.00 1.15 %
R2 131.50 0.766 %
R1 131.00 0.383 %
Current price 130.50
Support S1 130.00 -0.383%
S2 129.00 -1.15%
S3 125.00 -4.21%

JEMI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 14, 2023 Dec 14, 2023 Dec 14, 2023 £1.00 0.82%
2 Sep 14, 2023 Sep 14, 2023 Sep 14, 2023 £0.0230 0.0182%
3 Jun 22, 2023 Jun 22, 2023 Jun 22, 2023 £1.00 0.784%
4 Feb 28, 2023 Mar 09, 2023 Apr 21, 2023 £1.00 0.778%
5 Nov 28, 2022 Dec 15, 2022 Jan 25, 2023 £1.00 0.727%

FAQ

What is the symbol for JPMorgan Global Emerging Markets Income Trust Plc Stock and on which exchange is it traded?
The symbol for JPMorgan Global Emerging Markets Income Trust Plc is JEMI.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell JPMorgan Global Emerging Markets Income Trust Plc Stock?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

How to buy JPMorgan Global Emerging Markets Income Trust Plc Stock?
JPMorgan Global Emerging Markets Income Trust Plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy JPMorgan Global Emerging Markets Income Trust Plc Stock.

What's the current price of JPMorgan Global Emerging Markets Income Trust Plc Stock?
As of the end of day on the 2024-03-27, the price of an JPMorgan Global Emerging Markets Income Trust Plc (JEMI.L) share was £130.50.

What is the 52-week high and low for JPMorgan Global Emerging Markets Income Trust Plc Stock?
The 52-week high for JPMorgan Global Emerging Markets Income Trust Plc Stock is £137.81 and the 52-week low is £116.00.

What is the market capitalization of JPMorgan Global Emerging Markets Income Trust Plc Stock?
As of the 2024-03-27, the market capitalization of JPMorgan Global Emerging Markets Income Trust Plc is 386.645M.

When is the next earnings date for JPMorgan Global Emerging Markets Income Trust Plc?
The upcoming earnings date for JPMorgan Global Emerging Markets Income Trust Plc is Apr 01, 2024.
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About JPMorgan Global Emerging Markets Income Trust Plc

JPMorgan Global Emerging Markets Income Trust plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in the public equity markets of emerging market countries across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in stocks of companies across all market capitalizations. It benc... JEMI.L Profile

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