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 MARK
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High volatility in Remark Holdings, Inc. stock price on Wednesday which ended trading at $0.199
(Updated on Mar 27, 2024)

Sell candidate since Feb 09, 2024 Loss -58.97% PDF

The Remark Holdings, Inc. stock price fell by -1.19% on the last day (Wednesday, 27th Mar 2024) from $0.201 to $0.199. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 42.81% from a day low at $0.196 to a day high of $0.280. The price has fallen in 9 of the last 10 days and is down by -37.81% for this period. Volume has increased on the last day by 631 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, 1 million shares were bought and sold for approximately $239.26 thousand.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.0677 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -23.88% during the next 3 months and, with a 90% probability hold a price between $0.0515 and $0.789 at the end of this 3-month period.

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MARK Signals & Forecast

There are few to no technical positive signals at the moment. The Remark Holdings, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.240 and $0.305. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, January 30, 2024, and so far it has fallen -84.08%. 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). Remark Holdings, Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Remark Holdings, Inc. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0839 between high and low, or 42.81%. For the last week, the stock has had daily average volatility of 26.07%.

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

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

For the upcoming trading day on Thursday, 28th we expect Remark Holdings, Inc. to open at $0.225, and during the day (based on 14 day Average True Range), to move between $0.130 and $0.268, which gives a possible trading interval of +/-$0.0693 (+/-34.81%) up or down from last closing price. If Remark Holdings, Inc. takes out the full calculated possible swing range there will be an estimated 69.62% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.201, some $0.0020 (1.01%) from the current price of $0.199, our system finds the risk reward not very attractive.

Is Remark Holdings, Inc. stock A Buy?

Remark Holdings, Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -7.841 Strong Sell Candidate Unchanged

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

Fair opening price March 28, 2024 Current price
$0.225 ( 13.05%) $0.199

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

Trading levels for MARK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.309 55.21 %
R2 0.277 39.10 %
R1 0.257 29.15 %
Current price: 0.199
Support S1 0.193 -3.06 %
S2 0.173 -13.01 %
S3 0.141 -29.11 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.231 16.08 %
R2 0.220 10.55 %
R1 0.201 1.01 %
Current price 0.199
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for Remark Holdings, Inc. Stock and on which exchange is it traded?
The symbol for Remark Holdings, Inc. is MARK and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Remark Holdings, Inc. Stock?
Remark Holdings, Inc. holds several negative signals and is within a very wide and falling trend, so we believe 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 Remark Holdings, Inc. Stock?
Remark 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 Remark Holdings, Inc. Stock.

What's the current price of Remark Holdings, Inc. Stock?
As of the end of day on the 2024-03-27, the price of an Remark Holdings, Inc. (MARK) share was $0.199.

What is the 52-week high and low for Remark Holdings, Inc. Stock?
The 52-week high for Remark Holdings, Inc. Stock is $1.83 and the 52-week low is $0.141.

What is the market capitalization of Remark Holdings, Inc. Stock?
As of the 2024-03-27, the market capitalization of Remark Holdings, Inc. is 7.716M.

When is the next earnings date for Remark Holdings, Inc.?
The upcoming earnings date for Remark Holdings, Inc. is Apr 15, 2024.
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About Remark Holdings, Inc.

Remark Holdings. Remark Holdings, Inc. primarily focuses on the development and deployment of artificial intelligence-based solutions for businesses and software developers. It operates a data and AI software platform under the Remark AI name in the United States and the KanKan AI name in the Asia Pacific region that offers AI-based computer vision products, computing devices, and software-as-a-service solutions for the retail, urban life cycle, workplace and foo... MARK Profile

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