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 SAND
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Sandstorm Gold Ltd stock upgraded from Buy Candidate to Strong Buy Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 22, 2024 Gain 6.06% PDF

The Sandstorm Gold Ltd stock price gained 2.14% on the last trading day (Thursday, 28th Mar 2024), rising from $5.14 to $5.25. During the last trading day the stock fluctuated 2.72% from a day low at $5.14 to a day high of $5.28. The price has been going up and down for this period, and there has been a 7.36% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $12.08 million.

Given the current horizontal trend, you can expect Sandstorm Gold Ltd stock with a 90% probability to be traded between $4.00 and $5.27 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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SAND Signals & Forecast

The Sandstorm Gold Ltd stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $5.05 and $4.55. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 14, 2024, and so far it has risen 31.91%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. 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).

Support, Risk & Stop-loss for Sandstorm Gold Ltd stock

Sandstorm Gold Ltd finds support from accumulated volume at $5.03 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 $0.140 between high and low, or 2.72%. For the last week, the stock has had daily average volatility of 2.82%.

Our recommended stop-loss: $5.06 (-3.54%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 30 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Sandstorm Gold Ltd to open at $5.22, and during the day (based on 14 day Average True Range), to move between $5.09 and $5.41, which gives a possible trading interval of +/-$0.163 (+/-3.11%) up or down from last closing price. If Sandstorm Gold Ltd takes out the full calculated possible swing range there will be an estimated 6.23% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $5.03, some $0.220 (4.19%) from the current price of $5.25, our system finds the risk reward attractive.

Is Sandstorm Gold Ltd stock A Buy?

Sandstorm Gold Ltd holds several positive signals and is considered to be a good choice at current levels. We expect the Sandstorm Gold Ltd stock to perform great in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 6.727 Strong Buy Candidate Upgraded

Predicted Opening Price for Sandstorm Gold Ltd of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$5.22 ( 0.507%) $5.25

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

Trading levels for SAND

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.36 2.16 %
R2 5.31 1.14 %
R1 5.28 0.511 %
Current price: 5.25
Support S1 5.17 -1.53 %
S2 5.14 -2.15 %
S3 5.08 -3.17 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 5.25
Support S1 5.03 -4.19%
S2 4.49 -14.48%
S3 4.04 -23.05%

SAND Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 20, 2023 Jan 16, 2024 Jan 26, 2024 $0.0149 0.319%
2 Dec 20, 2023 Jan 15, 2024 Jan 26, 2024 $0.0149 0.320%
3 Dec 20, 2023 Jan 12, 2024 Jan 26, 2024 $0.0149 0.319%
4 Sep 28, 2023 Oct 16, 2023 Oct 27, 2023 $0.0150 0.318%
5 Jun 29, 2023 Jul 17, 2023 Jul 28, 2023 $0.0150 0.281%

FAQ

What is the symbol for Sandstorm Gold Ltd Stock and on which exchange is it traded?
The symbol for Sandstorm Gold Ltd is SAND and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Sandstorm Gold Ltd Stock?
Sandstorm Gold Ltd holds several positive signals and is considered to be a good choice at current levels. We expect the Sandstorm Gold Ltd stock to perform great in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Sandstorm Gold Ltd Stock?
Sandstorm Gold Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Sandstorm Gold Ltd Stock.

What's the current price of Sandstorm Gold Ltd Stock?
As of the end of day on the 2024-03-28, the price of an Sandstorm Gold Ltd (SAND) share was $5.25.

What is the 52-week high and low for Sandstorm Gold Ltd Stock?
The 52-week high for Sandstorm Gold Ltd Stock is $6.31 and the 52-week low is $3.96.

What is the market capitalization of Sandstorm Gold Ltd Stock?
As of the 2024-03-28, the market capitalization of Sandstorm Gold Ltd is 1.564B.

When is the next earnings date for Sandstorm Gold Ltd?
The upcoming earnings date for Sandstorm Gold Ltd is May 08, 2024.
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About Sandstorm Gold Ltd

Sandstorm Gold Ltd Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements (streams) from companies that have advanced stage development projects or operating mines. It offers upfront payments for companies to acquire a stream or royalty and receives the right to purchase a percentage of a mine's production for the life of the mine at a fixed price per unit or at a fixed percen... SAND Profile

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