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 KLIC
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Stronger technical forecast for Kulicke and Soffa Industries stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Kulicke and Soffa Industries stock price gained 2.06% on the last trading day (Wednesday, 27th Mar 2024), rising from $48.59 to $49.59. During the last trading day the stock fluctuated 2.51% from a day low at $48.90 to a day high of $50.12. The price has risen in 6 of the last 10 days and is up by 1.95% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 78 thousand more shares were traded than the day before. In total, 338 thousand shares were bought and sold for approximately $16.76 million.

The stock lies the upper part of a wide and falling 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 $50.75 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -8.35% during the next 3 months and, with a 90% probability hold a price between $39.04 and $46.51 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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KLIC Signals & Forecast

The Kulicke and Soffa Industries stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $48.84 and $48.99. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. 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 Thursday, March 07, 2024, and so far it has fallen -4.28%. 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).

Support, Risk & Stop-loss for Kulicke and Soffa Industries stock

Kulicke and Soffa Industries finds support from accumulated volume at $47.62 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.22 (2.51%) between high and low. For the last week, the stock has had daily average volatility of 1.94%.

Our recommended stop-loss: $47.23 (-4.75%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 14 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Kulicke and Soffa Industries to open at $49.54, and during the day (based on 14 day Average True Range), to move between $48.13 and $51.05, which gives a possible trading interval of +/-$1.46 (+/-2.95%) up or down from last closing price. If Kulicke and Soffa Industries takes out the full calculated possible swing range there will be an estimated 5.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $50.00 (0.83%) than the support at $47.62 (3.97%), 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 Kulicke and Soffa Industries stock A Buy?

Kulicke and Soffa Industries 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.087 Hold/Accumulate Upgraded

Predicted Opening Price for Kulicke and Soffa Industries of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$49.54 ( 0.111%) $49.59

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

Trading levels for KLIC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 50.76 2.36 %
R2 50.29 1.42 %
R1 50.00 0.83 %
Current price: 49.59
Support S1 49.07 -1.05 %
S2 48.78 -1.64 %
S3 48.31 -2.58 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 51.10 3.04 %
R2 50.32 1.47 %
R1 50.00 0.83 %
Current price 49.59
Support S1 47.62 -3.97%
S2 46.06 -7.12%
S3 45.48 -8.29%

KLIC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 22, 2024 Mar 22, 2024 Apr 09, 2024 $0.200 0.403%
2 Nov 15, 2023 Dec 20, 2023 Jan 09, 2024 $0.200 0.392%
3 Aug 23, 2023 Sep 20, 2023 Oct 10, 2023 $0.190 0.402%
4 Jun 08, 2023 Jun 21, 2023 Jul 10, 2023 $0.190 0.336%
5 Mar 02, 2023 Mar 22, 2023 Apr 10, 2023 $0.190 0.377%

FAQ

What is the symbol for Kulicke and Soffa Industries Stock and on which exchange is it traded?
The symbol for Kulicke and Soffa Industries is KLIC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Kulicke and Soffa Industries Stock?
Kulicke and Soffa Industries 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Kulicke and Soffa Industries Stock?
Kulicke and Soffa Industries Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Kulicke and Soffa Industries Stock.

What's the current price of Kulicke and Soffa Industries Stock?
As of the end of day on the 2024-03-27, the price of an Kulicke and Soffa Industries (KLIC) share was $49.59.

What is the 52-week high and low for Kulicke and Soffa Industries Stock?
The 52-week high for Kulicke and Soffa Industries Stock is $60.19 and the 52-week low is $40.20.

What is the market capitalization of Kulicke and Soffa Industries Stock?
As of the 2024-03-27, the market capitalization of Kulicke and Soffa Industries is 2.794B.

When is the next earnings date for Kulicke and Soffa Industries?
The upcoming earnings date for Kulicke and Soffa Industries is May 01, 2024.
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About Kulicke and Soffa Industries

Kulicke and Soffa Industries Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through two segments, Capital Equipment, and Aftermarket Products and Services (APS). The company manufactures and sells advanced displays; die-transfer, flip-chip, and TCB advanced packaging products; ball bonder, die-attach, electronics assembly, lithography, wafer-level bonder, and wedge bonder pro... KLIC Profile

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