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.

RELX NV fund price down 0% on Tuesday
(Updated on Oct 02, 2018)

Sell candidate since Sep 20, 2018 PDF

No changes to the price of RELX NV fund on the last trading day (Tuesday, 2nd Oct 2018). During the last trading day the fund fluctuated 0% from a day low at $21.19 to a day high of $21.19. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The fund lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the fund is expected to fall -4.30% during the next 3 months and, with a 90% probability hold a price between $20.01 and $21.26 at the end of this 3-month period.

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RENX Signals & Forecast

There are mixed signals in the fund today. The RELX NV fund 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 $21.19 and $21.62. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Friday, September 07, 2018, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Sell
Special Signal Notification

Double Top Formation

Double Top Formation

Support, Risk & Stop-loss for RELX NV fund

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

In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%

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

Trading Expectations (RENX) For The Upcoming Trading Day Of Wednesday 3rd

For the upcoming trading day on Wednesday, 3rd we expect RELX NV to open at $21.19, and during the day (based on 14 day Average True Range), to move between $21.12 and $21.26, which gives a possible trading interval of +/-$0.0713 (+/-0.34%) up or down from last closing price. If RELX NV takes out the full calculated possible swing range there will be an estimated 0.67% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $21.55, some $0.360 (1.70%) from the current price of $21.19, our system finds the risk reward not very attractive.

Is RELX NV fund A Buy?

RELX NV holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this fund.

Current score: -2.390 Sell Candidate Unchanged

Predicted Opening Price for RELX NV of Wednesday, October 3, 2018

Fair opening price October 3, 2018 Current price
$21.19 ( 0%) $21.19

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

Trading levels for RENX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 21.19 .
R2 21.19 .
R1 21.19 .
Current price: 21.19
Support S1 21.19 .
S2 21.19 .
S3 21.19 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 22.46 5.99 %
R2 22.19 4.72 %
R1 21.55 1.70 %
Current price 21.19
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for RELX NV Fund and on which exchange is it traded?
The symbol for RELX NV is RENX and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell RELX NV Fund?
RELX NV holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this fund.

How to buy RELX NV Fund?
RELX NV Fund can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy RELX NV Fund.

What's the current price of RELX NV Fund?
As of the end of day on the 2018-10-02, the price of an RELX NV (RENX) share was $21.19.

What is the 52-week high and low for RELX NV Fund?
The 52-week high for RELX NV Fund is $23.30 and the 52-week low is $20.06.
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About RELX NV

RELX NV provides information solutions for professional customers in North America, Europe, and internationally. The companyÂ’s Scientific, Technical & Medical segment publishes research, reference, and education content; and offers database and workflow solutions for scientists, academic institutions, educators, research leaders and administrators, medical researchers, doctors, nurses, and allied health professionals and students, as well as hos... RENX Profile

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