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 N4P.L
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High volatility in N4 Pharma Plc stock price on Wednesday which ended trading at £0.660
(Updated on Mar 27, 2024)

Sell candidate since Mar 19, 2024 Loss -12.01% PDF

The N4 Pharma Plc stock price fell by -2.24% on the last day (Wednesday, 27th Mar 2024) from £0.675 to £0.660. During the last trading day the stock fluctuated 17.37% from a day low at £0.639 to a day high of £0.750. The price has fallen in 5 of the last 10 days and is down by -14.85% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -137 thousand shares and in total, 580 thousand shares were bought and sold for approximately £382.85 thousand.

The stock lies in the middle of a very 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 -28.03% during the next 3 months and, with a 90% probability hold a price between £0.348 and £0.689 at the end of this 3-month period.

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N4P.L Signals & Forecast

There are few to no technical positive signals at the moment. The N4 Pharma Plc 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 £0.700 and £0.739. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, January 05, 2024, and so far it has fallen -49.24%. 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 fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for N4 Pharma Plc 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 has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved £0.111 between high and low, or 17.37%. For the last week the stock has had daily average volatility of 17.88%.

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

Trading Expectations (N4P.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect N4 Pharma Plc to open at £0.683, and during the day (based on 14 day Average True Range), to move between £0.577 and £0.743, which gives a possible trading interval of +/-£0.0828 (+/-12.55%) up or down from last closing price. If N4 Pharma Plc takes out the full calculated possible swing range there will be an estimated 25.10% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ £0.700, some £0.0401 (6.08%) from the current price of £0.660, our system finds the risk reward not very attractive.

Is N4 Pharma Plc stock A Buy?

N4 Pharma Plc 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -5.100 Strong Sell Candidate Downgraded

Predicted Opening Price for N4 Pharma Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£0.683 ( 3.50%) £0.660

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

Trading levels for N4P.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.794 20.32 %
R2 0.752 13.89 %
R1 0.725 9.92 %
Current price: 0.660
Support S1 0.641 -2.93 %
S2 0.614 -6.90 %
S3 0.572 -13.33 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.80 21.23 %
R2 0.775 17.44 %
R1 0.700 6.08 %
Current price 0.660
Support S1 0 .
S2 0 .
S3 0 .

N4P Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 20, 1997 May 19, 1997 Jul 01, 1997 £18.00 2.90%
2 Aug 15, 1996 Nov 04, 1996 Dec 02, 1996 £17.20 1.44%
3 Mar 07, 1996 Jun 03, 1996 Jul 01, 1996 £18.00 0.698%
4 Aug 14, 1995 Nov 06, 1995 Dec 01, 1995 £16.00 0.762%
5 Mar 07, 1995 May 22, 1995 Jul 01, 1995 £16.00 1.08%

FAQ

What is the symbol for N4 Pharma Plc Stock and on which exchange is it traded?
The symbol for N4 Pharma Plc is N4P.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell N4 Pharma Plc Stock?
N4 Pharma Plc 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

How to buy N4 Pharma Plc Stock?
N4 Pharma 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 N4 Pharma Plc Stock.

What's the current price of N4 Pharma Plc Stock?
As of the end of day on the 2024-03-27, the price of an N4 Pharma Plc (N4P.L) share was £0.660.

What is the 52-week high and low for N4 Pharma Plc Stock?
The 52-week high for N4 Pharma Plc Stock is £2.30 and the 52-week low is £0.600.

What is the market capitalization of N4 Pharma Plc Stock?
As of the 2024-03-27, the market capitalization of N4 Pharma Plc is 1.774M.

When is the next earnings date for N4 Pharma Plc?
The upcoming earnings date for N4 Pharma Plc is Sep 10, 2024.
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About N4 Pharma Plc

N4 Pharma Plc N4 Pharma Plc, a specialist pharmaceutical company, develops novel silica nanoparticle delivery system for pharmaceutical and biotechnology companies in the United Kingdom. It develops Nuvec, a non-viral adjuvant delivery system for vaccines and cancer treatments. N4 Pharma Plc was incorporated in 1979 and is based in London, the United Kingdom.... N4P.L Profile

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