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.

FAQ

What is the symbol for Tabula Rasa HealthCare Inc Stock and on which exchange is it traded?
The symbol for Tabula Rasa HealthCare Inc is TRHC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Tabula Rasa HealthCare Inc Stock?
Tabula Rasa HealthCare Inc 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.

How to buy Tabula Rasa HealthCare Inc Stock?
Tabula Rasa HealthCare Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Tabula Rasa HealthCare Inc Stock.

What's the current price of Tabula Rasa HealthCare Inc Stock?
As of the end of day on the 2024-02-01, the price of an Tabula Rasa HealthCare Inc (TRHC) share was $10.50.

What is the 52-week high and low for Tabula Rasa HealthCare Inc Stock?
The 52-week high for Tabula Rasa HealthCare Inc Stock is $10.50 and the 52-week low is $4.80.

What is the market capitalization of Tabula Rasa HealthCare Inc Stock?
As of the 2024-02-01, the market capitalization of Tabula Rasa HealthCare Inc is 284.033M.
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About Tabula Rasa HealthCare Inc

Tabula Rasa HealthCare Tabula Rasa HealthCare, Inc. operates as a healthcare technology company in the United States. The company operates in two segments, CareVention HealthCare and MedWise HealthCare. It offers EireneRx, a cloud-based medication decision-support and e-prescribing platform to access patient medication-related information; and MedWise medication therapy management software, a cloud-based platform designed to aid in the identification and resolution of ... TRHC Profile

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