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 TYL
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Tyler Technologies Inc stock price ended at $425.01 on Thursday, after gaining 1.05%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 19, 2024 Gain 0.14% PDF

The Tyler Technologies Inc stock price gained 1.05% on the last trading day (Thursday, 28th Mar 2024), rising from $420.60 to $425.01. During the last trading day the stock fluctuated 1.20% from a day low at $420.26 to a day high of $425.29. The price has risen in 6 of the last 10 days and is up by 1.61% over the past 2 weeks. Volume fell on the last day by -14 thousand shares and in total, 203 thousand shares were bought and sold for approximately $86.37 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Tyler Technologies Inc stock with a 90% probability to be traded between $421.35 and $452.17 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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TYL Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 2.09%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. The Tyler Technologies Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $429.07. On a fall, the stock will find some support from the short-term average at $420.71. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Tyler Technologies Inc stock

Tyler Technologies Inc finds support from accumulated volume at $417.18 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $5.03 between high and low, or 1.20%. For the last week the stock has had daily average volatility of 1.40%.

Our recommended stop-loss: $404.01 (-4.94%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Tyler Technologies Inc to open at $423.52, and during the day (based on 14 day Average True Range), to move between $417.42 and $432.60, which gives a possible trading interval of +/-$7.59 (+/-1.79%) up or down from last closing price. If Tyler Technologies Inc takes out the full calculated possible swing range there will be an estimated 3.57% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $428.82 (0.90%) than the support at $417.18 (1.84%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Tyler Technologies Inc stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Tyler Technologies Inc stock to perform well in the short-term period.

Current score: 2.831 Buy Candidate Unchanged

Predicted Opening Price for Tyler Technologies Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$423.52 ( 0.351%) $425.01

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

Trading levels for TYL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 428.55 0.83 %
R2 426.63 0.381 %
R1 425.44 0.102 %
Current price: 425.01
Support S1 421.60 -0.80 %
S2 420.41 -1.08 %
S3 418.49 -1.53 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 441.19 3.81 %
R2 441.11 3.79 %
R1 428.82 0.90 %
Current price 425.01
Support S1 417.18 -1.84%
S2 416.31 -2.05%
S3 408.20 -3.96%

TYL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 30, 1990 Jan 31, 1990 Feb 20, 1990 $0.0067 0.239%
2 Oct 30, 1989 Nov 02, 1989 Nov 20, 1989 $0.0067 0.390%
3 Apr 21, 1989 Apr 26, 1989 May 15, 1989 $0.0050 0.167%
4 Jan 30, 1989 Feb 01, 1989 Feb 21, 1989 $0.0050 0.218%
5 Oct 31, 1988 Nov 03, 1988 Nov 21, 1988 $0.0050 0.245%

FAQ

What is the symbol for Tyler Technologies Inc Stock and on which exchange is it traded?
The symbol for Tyler Technologies Inc is TYL and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Tyler Technologies Inc Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Tyler Technologies Inc stock to perform well in the short-term period.

How to buy Tyler Technologies Inc Stock?
Tyler Technologies 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 Tyler Technologies Inc Stock.

What's the current price of Tyler Technologies Inc Stock?
As of the end of day on the 2024-03-28, the price of an Tyler Technologies Inc (TYL) share was $425.01.

What is the 52-week high and low for Tyler Technologies Inc Stock?
The 52-week high for Tyler Technologies Inc Stock is $454.73 and the 52-week low is $333.09.

What is the market capitalization of Tyler Technologies Inc Stock?
As of the 2024-03-28, the market capitalization of Tyler Technologies Inc is 17.968B.

When is the next earnings date for Tyler Technologies Inc?
The upcoming earnings date for Tyler Technologies Inc is Apr 24, 2024.
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About Tyler Technologies Inc

Tyler Technologies Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector. The company operates in three segments: Enterprise Software; Appraisal and Tax; and NIC. It offers financial management solutions, including modular fund accounting systems for government agencies or not-for-profit entities; utility billing systems for the billing and collection of metered and non-metered services; products to automat... TYL Profile

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