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
Hold candidate since 2019-08-16
SPS Commerce gained 1.53% in the last trading day ( Friday, 16th Aug 2019 ), rising from $102.20 to $103.76 During the day the stock fluctuated 1.77% from a day low at $102.64 to a day high of $104.46. The price has fallen in 6 of the last 10 days and is down by -5.93% for this period. Volume fell in the last day by -30 067 shares and in total, 71 726 shares bought and sold for approximately $7.44 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 $118.28 and low was $100.03.
- 90 day high was $118.28 and low was $99.17.
- 52 week high for SPS Commerce - $118.28 and low - $75.83.
SPS Commerce lies in the middle of a wide and weak 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 2.99% during the next 3 months and, with 90% probability hold a price between $103.74 and $117.66 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday August 15, 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. SPS Commerce holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $105.47 and $105.12. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 35 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
SPS Commerce finds support from accumulated volume at $102.55.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.82 between high and low, or 1.77%. For the last week, the stock has had a daily average volatility of 2.81%.
Our recommended stop-loss: $97.87 (-5.68%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)
2.81 %Average volatility
Very Low Low Medium High Very High
SPS Commerce holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.
|SPSC $103.76 ($1.56 1.53%)|
SPSC is up $1.56 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for SPSC based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the SPSC analysis is free »
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!