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 - 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 RWA.L
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Robert Walters plc stock price ended at £413.00 on Wednesday, after gaining 2.48%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 Gain 2.48% PDF

The Robert Walters plc stock price gained 2.48% on the last trading day (Wednesday, 27th Mar 2024), rising from £403.00 to £413.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.75% from a day low at £400.00 to a day high of £415.00. The price has risen in 6 of the last 10 days and is up by 3.25% over the past 2 weeks. Volume fell on the last day by -7 thousand shares and in total, 22 thousand shares were bought and sold for approximately £9.29 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 middle of a 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 -8.45% during the next 3 months and, with a 90% probability hold a price between £333.46 and £399.17 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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RWA.L Signals & Forecast

There are mixed signals in the stock today. The Robert Walters plc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at £420.57. On a fall, the stock will find some support from the short-term average at £398.57. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Friday, March 22, 2024, and so far it has risen 6.72%. Further rise is indicated until a new top pivot has been found. 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 Robert Walters plc stock

Robert Walters plc finds support from accumulated volume at £410.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £15.00 between high and low, or 3.75%. For the last week, the stock has had daily average volatility of 4.52%.

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

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

For the upcoming trading day on Thursday, 28th we expect Robert Walters plc to open at £409.33, and during the day (based on 14 day Average True Range), to move between £397.34 and £428.66, which gives a possible trading interval of +/-£15.66 (+/-3.79%) up or down from last closing price. If Robert Walters plc takes out the full calculated possible swing range there will be an estimated 7.58% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £410.00 (0.73%) than the resistance at £442.00 (7.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Robert Walters plc stock A Buy?

Robert Walters plc 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 stock.

Current score: -1.106 Sell Candidate Unchanged

Predicted Opening Price for Robert Walters plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£409.33 ( 0.89%) £413.00

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

Trading levels for RWA.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 424.33 2.74 %
R2 418.60 1.36 %
R1 415.06 0.500 %
Current price: 413.00
Support S1 403.60 -2.28 %
S2 400.06 -3.13 %
S3 394.33 -4.52 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 449.00 8.72 %
R2 445.00 7.75 %
R1 442.00 7.02 %
Current price 413.00
Support S1 410.00 -0.726%
S2 400.00 -3.15%
S3 392.00 -5.08%

RWA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 02, 2024 May 02, 2024 May 31, 2024 £17.00 4.12%
2 Apr 30, 2024 Apr 30, 2024 May 31, 2024 £17.00 4.12%
3 Mar 10, 2023 Apr 27, 2023 May 26, 2023 £17.00 3.97%
4 Jul 28, 2022 Sep 01, 2022 Sep 30, 2022 £6.50 1.42%
5 Mar 08, 2022 Apr 21, 2022 May 20, 2022 £15.00 2.73%

FAQ

What is the symbol for Robert Walters plc Stock and on which exchange is it traded?
The symbol for Robert Walters plc is RWA.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Robert Walters plc Stock?
Robert Walters plc 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 stock.

How to buy Robert Walters plc Stock?
Robert Walters 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 Robert Walters plc Stock.

What's the current price of Robert Walters plc Stock?
As of the end of day on the 2024-03-27, the price of an Robert Walters plc (RWA.L) share was £413.00.

What is the 52-week high and low for Robert Walters plc Stock?
The 52-week high for Robert Walters plc Stock is £513.54 and the 52-week low is £344.00.

What is the market capitalization of Robert Walters plc Stock?
As of the 2024-03-27, the market capitalization of Robert Walters plc is 270.683M.

When is the next earnings date for Robert Walters plc?
The upcoming earnings date for Robert Walters plc is Jul 30, 2024.
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About Robert Walters plc

Robert Walters plc Robert Walters plc, together with its subsidiaries, provides professional recruitment consultancy services worldwide. The company offers permanent, contract, and interim recruitment services in the fields of accounting and finance, banking and financial services, engineering, human resources, information technology, legal, sales and marketing, secretarial and support, and supply chain and procurement. It also provides staffing and recruitment pro... RWA.L Profile

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