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 MWY.L
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Stronger technical forecast for Mid Wynd International Investment Trust stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Mid Wynd International Investment Trust stock price gained 0.259% on the last trading day (Wednesday, 27th Mar 2024), rising from £771.00 to £773.00. During the last trading day the stock fluctuated 1.05% from a day low at £773.00 to a day high of £781.11. The price has fallen in 5 of the last 10 days and is down by -0.26% for this period. Volume fell on the last day by -59 thousand shares and in total, 123 thousand shares were bought and sold for approximately £95.11 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 lower part of a narrow and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £768.17 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 5.96% during the next 3 months and, with a 90% probability hold a price between £813.98 and £842.17 at the end of this 3-month period.

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MWY.L Signals & Forecast

A sell signal was issued from a pivot top point on Friday, March 01, 2024, and so far it has fallen -1.15%. 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). Some positive signals were issued as well, and these may have some influence on the near short-term development. The Mid Wynd International Investment Trust 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 £773.43. On a fall, the stock will find some support from the long-term average at approximately £771.51. 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. 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 Mid Wynd International Investment Trust stock

Mid Wynd International Investment Trust finds support from accumulated volume at £771.00 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 £8.11 between high and low, or 1.05%. For the last week the stock has had daily average volatility of 1.40%.

Our recommended stop-loss: £745.74 (-3.53%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 18 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Mid Wynd International Investment Trust plc to open at £775.70, and during the day (based on 14 day Average True Range), to move between £762.06 and £783.94, which gives a possible trading interval of +/-£10.94 (+/-1.42%) up or down from last closing price. If Mid Wynd International Investment Trust plc takes out the full calculated possible swing range there will be an estimated 2.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £771.00 (0.26%) than the resistance at £777.00 (0.52%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Mid Wynd International Investment 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 3.160 Buy Candidate Upgraded

Predicted Opening Price for Mid Wynd International Investment Trust plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£775.70 ( 0.350%) £773.00

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

Trading levels for MWY.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 783.81 1.40 %
R2 780.71 1.00 %
R1 778.80 0.750 %
Current price: 773.00
Support S1 772.61 -0.0510 %
S2 770.69 -0.298 %
S3 767.60 -0.699 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 779.00 0.776 %
R2 778.00 0.647 %
R1 777.00 0.517 %
Current price 773.00
Support S1 771.00 -0.259%
S2 768.00 -0.647%
S3 765.00 -1.03%

MWY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 07, 2024 Mar 07, 2024 Mar 28, 2024 £3.85 0.499%
2 Sep 28, 2023 Sep 28, 2023 Sep 28, 2023 £0.0565 0.0080%
3 Mar 01, 2023 Mar 09, 2023 Mar 31, 2023 £3.85 0.562%
4 Sep 12, 2022 Sep 22, 2022 Nov 04, 2022 £3.00 0.441%
5 Mar 14, 2022 Mar 24, 2022 Apr 13, 2022 £3.50 0.448%

FAQ

What is the symbol for Mid Wynd International Investment Trust plc Stock and on which exchange is it traded?
The symbol for Mid Wynd International Investment Trust plc is MWY.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Mid Wynd International Investment 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Mid Wynd International Investment Trust plc Stock?
Mid Wynd International Investment 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 Mid Wynd International Investment Trust plc Stock.

What's the current price of Mid Wynd International Investment Trust plc Stock?
As of the end of day on the 2024-03-27, the price of an Mid Wynd International Investment Trust plc (MWY.L) share was £773.00.

What is the 52-week high and low for Mid Wynd International Investment Trust plc Stock?
The 52-week high for Mid Wynd International Investment Trust plc Stock is £785.00 and the 52-week low is £662.15.

What is the market capitalization of Mid Wynd International Investment Trust plc Stock?
As of the 2024-03-27, the market capitalization of Mid Wynd International Investment Trust plc is 412.262M.

When is the next earnings date for Mid Wynd International Investment Trust plc?
The upcoming earnings date for Mid Wynd International Investment Trust plc is Sep 04, 2024.
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About Mid Wynd International Investment Trust plc

Mid Wynd International Investment Trust plc is a closed ended equity mutual fund launched and managed by Artemis Fund Managers Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across diversified market capitalizations. The fund primarily invests in growth stocks of companies. It benchmarks the performance of its po... MWY.L Profile

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