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 TMP
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Green day on Thursday for Tompkins Financial Corp stock after gaining 1.31%
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 1.31% PDF

The Tompkins Financial Corp stock price gained 1.31% on the last trading day (Thursday, 28th Mar 2024), rising from $49.64 to $50.29. During the last trading day the stock fluctuated 2.91% from a day low at $49.07 to a day high of $50.50. The price has been going up and down for this period, and there has been a 5.92% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 27 thousand more shares were traded than the day before. In total, 75 thousand shares were bought and sold for approximately $3.78 million.

The stock lies in the middle of a 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 -14.38% during the next 3 months and, with a 90% probability hold a price between $39.07 and $44.15 at the end of this 3-month period. 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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TMP Signals & Forecast

The Tompkins Financial Corp stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $48.72 and $48.86. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 7.85%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. 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 Tompkins Financial Corp stock

Tompkins Financial Corp finds support from accumulated volume at $49.39 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $1.43 (2.91%) between high and low. For the last week, the stock has had daily average volatility of 2.61%.

Our recommended stop-loss: $48.28 (-4.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Tompkins Financial Corp to open at $49.95, and during the day (based on 14 day Average True Range), to move between $48.87 and $51.71, which gives a possible trading interval of +/-$1.42 (+/-2.83%) up or down from last closing price. If Tompkins Financial Corp takes out the full calculated possible swing range there will be an estimated 5.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $49.39 (1.79%) than the resistance at $53.77 (6.92%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Tompkins Financial Corp stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.158 Buy Candidate Unchanged

Predicted Opening Price for Tompkins Financial Corp of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$49.95 ( 0.669%) $50.29

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

Trading levels for TMP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 51.38 2.17 %
R2 50.84 1.09 %
R1 50.50 0.417 %
Current price: 50.29
Support S1 49.41 -1.76 %
S2 49.07 -2.43 %
S3 48.52 -3.51 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 59.28 17.88 %
R2 54.34 8.05 %
R1 53.77 6.92 %
Current price 50.29
Support S1 49.39 -1.79%
S2 49.00 -2.57%
S3 48.42 -3.72%

TMP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 26, 2024 Feb 08, 2024 Feb 16, 2024 $0.600 1.17%
2 Oct 27, 2023 Nov 06, 2023 Nov 15, 2023 $0.600 1.07%
3 Jul 21, 2023 Jul 31, 2023 Aug 12, 2023 $0.600 1.05%
4 Apr 28, 2023 May 08, 2023 May 16, 2023 $0.600 1.15%
5 Feb 06, 2023 Feb 06, 2023 May 16, 2023 $0.600 1.15%

FAQ

What is the symbol for Tompkins Financial Corp Stock and on which exchange is it traded?
The symbol for Tompkins Financial Corp is TMP and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Tompkins Financial Corp Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Tompkins Financial Corp Stock?
Tompkins Financial 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 Tompkins Financial Corp Stock.

What's the current price of Tompkins Financial Corp Stock?
As of the end of day on the 2024-03-28, the price of an Tompkins Financial Corp (TMP) share was $50.29.

What is the 52-week high and low for Tompkins Financial Corp Stock?
The 52-week high for Tompkins Financial Corp Stock is $67.73 and the 52-week low is $46.31.

What is the market capitalization of Tompkins Financial Corp Stock?
As of the 2024-03-28, the market capitalization of Tompkins Financial Corp is 724.483M.

When is the next earnings date for Tompkins Financial Corp?
The upcoming earnings date for Tompkins Financial Corp is Apr 26, 2024.
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About Tompkins Financial Corp

Tompkins Financial Tompkins Financial Corporation, a financial holding company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The company operates in three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking accounts, savings accounts, time deposits, and IRA products, as well as brokered, reciprocal, and mu... TMP Profile

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