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 SEIC
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SEI Investments Company stock downgraded from Buy Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 01, 2024 Gain 8.59% PDF

The SEI Investments Company stock price gained 2.19% on the last trading day (Wednesday, 27th Mar 2024), rising from $70.48 to $72.02. During the last trading day the stock fluctuated 1.55% from a day low at $70.94 to a day high of $72.04. The price has risen in 6 of the last 10 days and is up by 3.63% over the past 2 weeks. Volume fell on the last day by -248 thousand shares and in total, 736 thousand shares were bought and sold for approximately $53.01 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 has broken the narrow and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $71.48, a level that may pose a second chance to hit a runner. According to fan-theory $74.33 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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SEIC Signals & Forecast

The SEI Investments Company 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 $70.39 and $68.11. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 9.90%. 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. 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 SEI Investments Company stock

On the downside, the stock finds support just below today's level from accumulated volume at $66.32 and $64.59. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, SEI Investments Company finds support just below today's level at $66.32. If this is broken, then the next support from accumulated volume will be at $64.59 and $62.90.

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 $1.10 between high and low, or 1.55%. For the last week the stock has had daily average volatility of 1.64%.

Our recommended stop-loss: $69.82 (-3.06%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)

Trading Expectations (SEIC) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect SEI Investments Company to open at $71.67, and during the day (based on 14 day Average True Range), to move between $71.05 and $72.99, which gives a possible trading interval of +/-$0.97 (+/-1.35%) up or down from last closing price. If SEI Investments Company takes out the full calculated possible swing range there will be an estimated 2.70% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $66.32, some $5.70 (7.91%) from the current price of $72.02, our system finds the risk reward attractive.

Is SEI Investments Company stock A Buy?

SEI Investments Company holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for SEI Investments Company of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$71.67 ( 0.491%) $72.02

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

Trading levels for SEIC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 72.77 1.04 %
R2 72.35 0.453 %
R1 72.09 0.0928 %
Current price: 72.02
Support S1 71.25 -1.07 %
S2 70.99 -1.43 %
S3 70.57 -2.02 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 72.02
Support S1 66.32 -7.91%
S2 64.59 -10.32%
S3 62.90 -12.66%

SEIC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 15, 2023 Dec 27, 2023 Jan 09, 2024 $0.460 0.736%
2 May 31, 2023 Jun 09, 2023 Jun 21, 2023 $0.430 0.735%
3 Dec 05, 2022 Dec 16, 2022 Jan 05, 2023 $0.430 0.729%
4 Jun 01, 2022 Jun 10, 2022 Jun 22, 2022 $0.400 0.759%
5 Dec 13, 2021 Dec 20, 2021 Jan 07, 2022 $0.400 0.632%

FAQ

What is the symbol for SEI Investments Company Stock and on which exchange is it traded?
The symbol for SEI Investments Company is SEIC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell SEI Investments Company Stock?
SEI Investments Company holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

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

What's the current price of SEI Investments Company Stock?
As of the end of day on the 2024-03-27, the price of an SEI Investments Company (SEIC) share was $72.02.

What is the 52-week high and low for SEI Investments Company Stock?
The 52-week high for SEI Investments Company Stock is $72.04 and the 52-week low is $52.26.

What is the market capitalization of SEI Investments Company Stock?
As of the 2024-03-27, the market capitalization of SEI Investments Company is 9.46B.

When is the next earnings date for SEI Investments Company?
The upcoming earnings date for SEI Investments Company is Apr 18, 2024.
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About SEI Investments Company

SEI Investments Company SEI Investments Company is a publicly owned asset management holding company. Through its subsidiaries, the firm provides wealth management, retirement and investment solutions, asset management, asset administration, investment processing outsourcing solutions, financial services, and investment advisory services to its clients. It provides its services to private banks, independent financial advisers, institutional investors, investment manager... SEIC Profile

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