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 TCCO
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Technical Communications Corp stock upgraded to Hold/Accumulate.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

No changes to the price of Technical Communications Corp stock on the last trading day (Thursday, 28th Mar 2024). During the last trading day the stock fluctuated 0% from a day low at $0.310 to a day high of $0.310. The price has been going up and down for this period, and there has been a -34.14% loss for the last 2 weeks.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -19.76% during the next 3 months and, with a 90% probability hold a price between $0.0885 and $0.460 at the end of this 3-month period.

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TCCO Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Technical Communications Corp stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.356 and $0.352. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Monday, March 04, 2024 and based on theory for this formation the price should go up by 12.97% to $0.350 within 3 trading days since signal was issued (Monday, April 01, 2024).

Support, Risk & Stop-loss for Technical Communications Corp stock

Technical Communications Corp finds support from accumulated volume at $0.308 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock 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 stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $0.291 (-6.10%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Technical Communications Corp to open at $0.310, and during the day (based on 14 day Average True Range), to move between $0.274 and $0.346, which gives a possible trading interval of +/-$0.0362 (+/-11.67%) up or down from last closing price. If Technical Communications Corp takes out the full calculated possible swing range there will be an estimated 23.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.308 (0.74%) than the resistance at $0.338 (8.92%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Technical Communications Corp stock A Buy?

Technical Communications Corp holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Upgraded

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 Technical Communications Corp of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.310 ( 0%) $0.310

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

Trading levels for TCCO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.310 .
R2 0.310 .
R1 0.310 .
Current price: 0.310
Support S1 0.310 .
S2 0.310 .
S3 0.310 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.350 12.90 %
R2 0.346 11.65 %
R1 0.338 8.92 %
Current price 0.310
Support S1 0.308 -0.742%
S2 0.300 -3.23%
S3 0.242 -21.90%

TCCO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 06, 2012 Dec 18, 2012 Dec 28, 2012 $0.100 2.24%
2 Aug 02, 2012 Aug 29, 2012 Sep 14, 2012 $0.100 1.59%
3 May 08, 2012 May 30, 2012 Jun 15, 2012 $0.100 1.18%
4 Feb 07, 2012 Feb 28, 2012 Mar 15, 2012 $0.100 0.89%
5 Nov 22, 2011 Nov 29, 2011 Dec 15, 2011 $0.100 1.30%

FAQ

What is the symbol for Technical Communications Corp Stock and on which exchange is it traded?
The symbol for Technical Communications Corp is TCCO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Technical Communications Corp Stock?
Technical Communications Corp holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

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

What's the current price of Technical Communications Corp Stock?
As of the end of day on the 2024-03-28, the price of an Technical Communications Corp (TCCO) share was $0.310.

What is the 52-week high and low for Technical Communications Corp Stock?
The 52-week high for Technical Communications Corp Stock is $1.00 and the 52-week low is $0.240.

What is the market capitalization of Technical Communications Corp Stock?
As of the 2024-03-28, the market capitalization of Technical Communications Corp is 574.864K.

When is the next earnings date for Technical Communications Corp?
The upcoming earnings date for Technical Communications Corp is May 07, 2024.
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About Technical Communications Corp

Technical Communications Technical Communications Corporation engages in the design, development, manufacture, distribution, marketing, and sale of communications security devices, systems, and services worldwide. The company primarily provides data, video, fax, and voice networks. Its products include government systems, such as CSD 3324 SE secure telephone, fax, and data system; CSD 3324 SP telephone and fax system; DSD 72A-SP military bulk ciphering system; and DSP 90... TCCO Profile

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