SECURITY BUS BCP CA ETF Forecast
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:
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
SECURITY BUS BCP CA ETF price down 0% on Friday
(Updated on Mar 29, 2019)
No changes to the price of SECURITY BUS BCP CA ETF on the last trading day (Friday, 29th Mar 2019). During the last trading day the ETF fluctuated 0% from a day low at $25.11 to a day high of $25.11. The price has been going up and down for this period, and there has been a 0.12% gain for the last 2 weeks.
The ETF 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 SECURITY BUS BCP CA ETF with a 90% probability to be traded between $24.51 and $24.97 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 ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners. 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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SBBC Signals & Forecast
There are mixed signals in the ETF today. The SECURITY BUS BCP CA ETF 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 $25.11 and $25.12. 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, February 22, 2019, and so far it has risen 0.360%. 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).
Support, Risk & Stop-loss for SECURITY BUS BCP CA ETF
SECURITY BUS BCP CA finds support from accumulated volume at $25.05 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the ETF 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 ETF During the last day, the ETF moved $0 between high and low, or 0%. For the last week the ETF 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 (SBBC) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect SECURITY BUS BCP CA to open at $25.11, and during the day (based on 14 day Average True Range), to move between $25.08 and $25.14, which gives a possible trading interval of +/-$0.0301 (+/-0.12%) up or down from last closing price. If SECURITY BUS BCP CA takes out the full calculated possible swing range there will be an estimated 0.24% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $25.05 (0.24%) than the resistance at $25.27 (0.64%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is SECURITY BUS BCP CA ETF A Buy?
SECURITY BUS BCP CA 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 ETF.
Current score: -2.740 Sell Candidate Unchanged
Predicted Opening Price for SECURITY BUS BCP CA of Monday, April 1, 2019
| Fair opening price April 1, 2019 | Current price |
|---|---|
| $25.11 ( 0%) | $25.11 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SBBC
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 25.11 | . | |
| R2 | 25.11 | . | ||
| R1 | 25.11 | . | ||
| Current price: | 25.11 | |||
| Support | S1 | 25.11 | . | |
| S2 | 25.11 | . | ||
| S3 | 25.11 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 25.46 | 1.39 % | |
| R2 | 25.43 | 1.27 % | ||
| R1 | 25.27 | 0.637 % | ||
| Current price | 25.11 | |||
| Support | S1 | 25.05 | -0.239% | |
| S2 | 25.04 | -0.279% | ||
| S3 | 25.02 | -0.358% |
FAQ
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