Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, which purpose is to provide a relative definition of high and low. This defintion is used to identify buy and sell signals and have 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. Get-A-Graph 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)
Bottlenecks in bandwidth indicates a upcoming change. Break up through the moving average line, or continuously movements above the moving average line indicates a break up, and vice versa downwards.
SPSC Forecast and Technical Stock Analysis
Buy candidate since 2019-12-05 Loss -0.52% PDF
SPS Commerce gained 0.07% in the last trading day ( Monday, 9th Dec 2019 ), rising from $55.62 to $55.66 During the day the stock fluctuated 1.48% from a day low at $55.11 to a day high of $55.92. The price has fallen in 6 of the last 10 days and is down by -0.66% for this period. Volume fell in the last day by -28 258 shares and in total, 173 145 shares bought and sold for approximately $9.64 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the SPSC stock price was $59.04 and low was $53.07.
- 90 day high was $59.04 and low was $45.19.
- 52 week high for SPS Commerce - $118.28 and low - $44.07.
SPS Commerce lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 23.1% during the next 3 months and, with 90% probability hold a price between $65.78 and $73.92 at the end of this period.
Only positive signals in the chart today. SPS Commerce holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $55.84. On a fall, the stock will find some support from the long-term average at approximately $53.98. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Wednesday December 04, 2019, which indicates further gains 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 56 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $52.24 and $48.52.
There is 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, SPS Commerce finds support just below today's level at $52.24. If this is broken, then the next support from accumulated volume will be at $48.52 and $47.67.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.82 (1.48%) between high and low. For the last week, the stock has had daily average volatility of 2.31%.
Our recommended stop-loss: $52.54 (-5.60%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 3 days ago.)
2.31 %Average volatility
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|SPSC $55.66 ($0.04 0.07%)|
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
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