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 RA
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Brookfield Real Assets Income Fund Inc. stock upgraded to Buy Candidate.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Brookfield Real Assets Income Fund Inc. stock price fell by -0.155% on the last day (Thursday, 28th Mar 2024) from $12.94 to $12.92. During the last trading day the stock fluctuated 0.388% from a day low at $12.89 to a day high of $12.94. The price has fallen in 6 of the last 10 days but is still up by 0.31% over the past 2 weeks. 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 -13 thousand shares and in total, 159 thousand shares were bought and sold for approximately $2.06 million.

The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Brookfield Real Assets Income Fund Inc. stock with a 90% probability to be traded between $12.64 and $13.09 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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RA Signals & Forecast

The Brookfield Real Assets Income Fund Inc. 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 $12.90 and $12.91. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, February 12, 2024, and so far it has risen 0.780%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Monday, February 12, 2024 and based on theory for this formation the price should go up by 5.77% to $13.67 within 14 trading days since signal was issued (Monday, April 01, 2024).

Support, Risk & Stop-loss for Brookfield Real Assets Income Fund Inc. stock

Brookfield Real Assets Income Fund Inc. finds support from accumulated volume at $12.91 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 $0.0500 between high and low, or 0.388%. For the last week the stock has had daily average volatility of 0.541%.

Our recommended stop-loss: $12.16 (-5.87%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 32 days ago.)

Trading Expectations (RA) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Brookfield Real Assets Income Fund Inc. to open at $12.92, and during the day (based on 14 day Average True Range), to move between $12.83 and $13.01, which gives a possible trading interval of +/-$0.0935 (+/-0.72%) up or down from last closing price. If Brookfield Real Assets Income Fund Inc. takes out the full calculated possible swing range there will be an estimated 1.45% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $12.91 (0.08%) than the resistance at $12.94 (0.15%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Brookfield Real Assets Income Fund Inc. stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Brookfield Real Assets Income Fund Inc. stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.164 Buy Candidate Upgraded

Predicted Opening Price for Brookfield Real Assets Income Fund Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$12.92 ( 0.0258%) $12.92

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

Trading levels for RA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 12.97 0.361 %
R2 12.95 0.213 %
R1 12.94 0.122 %
Current price: 12.92
Support S1 12.90 -0.174 %
S2 12.89 -0.265 %
S3 12.87 -0.413 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 13.02 0.774 %
R2 12.95 0.232 %
R1 12.94 0.155 %
Current price 12.92
Support S1 12.91 -0.0774%
S2 12.89 -0.232%
S3 12.86 -0.464%

RA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 03, 2024 Mar 12, 2024 Mar 26, 2024 $0.118 0.92%
2 Dec 29, 2023 Feb 06, 2024 Feb 22, 2024 $0.118 0.91%
3 Dec 29, 2023 Jan 09, 2024 Jan 25, 2024 $0.118 0.91%
4 Aug 31, 2023 Dec 12, 2023 Dec 26, 2023 $0.118 0.92%
5 Aug 30, 2023 Nov 14, 2023 Nov 27, 2023 $0.118 0.95%

FAQ

What is the symbol for Brookfield Real Assets Income Fund Inc. Stock and on which exchange is it traded?
The symbol for Brookfield Real Assets Income Fund Inc. is RA and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Brookfield Real Assets Income Fund Inc. Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Brookfield Real Assets Income Fund Inc. stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Brookfield Real Assets Income Fund Inc. Stock?
Brookfield Real Assets Income Fund 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 Brookfield Real Assets Income Fund Inc. Stock.

What's the current price of Brookfield Real Assets Income Fund Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Brookfield Real Assets Income Fund Inc. (RA) share was $12.92.

What is the 52-week high and low for Brookfield Real Assets Income Fund Inc. Stock?
The 52-week high for Brookfield Real Assets Income Fund Inc. Stock is $17.32 and the 52-week low is $11.89.

What is the market capitalization of Brookfield Real Assets Income Fund Inc. Stock?
As of the 2024-03-28, the market capitalization of Brookfield Real Assets Income Fund Inc. is 668.062M.
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About Brookfield Real Assets Income Fund Inc.

Brookfield Real Assets Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc. The fund is co-managed by Schroder Investment Management North America Inc. It invests in fixed income markets of the United States. The fund primarily invests in securities and other instruments of companies, which includes real estate securities, infrastructure securities, and natural resources securit... RA Profile

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