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 VRIG
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POWERSHARES VRI ETF price ended at $25.08 on Wednesday, after losing 0%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 20, 2024 Gain 0.10% PDF

No changes to the price of POWERSHARES VRI ETF on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the ETF fluctuated 0.0797% from a day low at $25.08 to a day high of $25.10. The price has risen in 5 of the last 10 days but is still down by -0.28% for this period.

The ETF is at the lower part of a narrow and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $25.05 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect POWERSHARES VRI ETF with a 90% probability to be traded between $25.12 and $25.27 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 ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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VRIG Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 0.140%. Further rise is indicated until a new top pivot has been found. The volume rose on the last day while price remained unchanged. This may be an early warning and the ETF should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The POWERSHARES VRI ETF 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 ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at $25.10. On a fall, the ETF will find some support from the short-term average at $25.07. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The ETF had a Golden Star Signal on Friday, December 29, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Buy
Special Signal Notification

Golden Star 12 Months

The ETF had a Golden Star Signal on Friday, December 29, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Friday, March 15, 2024 with a target of $25.15. Despite whether the objective of the signal formation has been reached the ETF may continue to fall.

Support, Risk & Stop-loss for POWERSHARES VRI ETF

POWERSHARES VRI finds support from accumulated volume at $25.07 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.0200 between high and low, or 0.0797%. For the last week the ETF has had daily average volatility of 0.0798%.

Our recommended stop-loss: $23.07 (-8.00%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (VRIG) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect POWERSHARES VARIABLE RATE INVESTMENT GRADE PORTFOLIO to open at $25.09, and during the day (based on 14 day Average True Range), to move between $25.05 and $25.11, which gives a possible trading interval of +/-$0.0303 (+/-0.12%) up or down from last closing price. If POWERSHARES VARIABLE RATE INVESTMENT GRADE PORTFOLIO takes out the full calculated possible swing range there will be an estimated 0.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $25.07 (0.06%) than the resistance at $25.10 (0.08%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is POWERSHARES VARIABLE RATE INVESTMENT GRADE PORTFOLIO ETF A Buy?

POWERSHARES VRI 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.

Current score: -0.218 Hold/Accumulate Unchanged

Predicted Opening Price for POWERSHARES VARIABLE RATE INVESTMENT GRADE PORTFOLIO of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$25.09 ( 0.0266%) $25.08

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

Trading levels for VRIG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 25.11 0.106 %
R2 25.10 0.0759 %
R1 25.09 0.0570 %
Current price: 25.08
Support S1 25.08 -0.0039 %
S2 25.07 -0.0227 %
S3 25.07 -0.0532 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 25.16 0.319 %
R2 25.13 0.179 %
R1 25.10 0.0797 %
Current price 25.08
Support S1 25.07 -0.0598%
S2 25.05 -0.120%
S3 24.99 -0.359%

VRIG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 18, 2024 Mar 18, 2024 Mar 22, 2024 $0.130 0.520%
2 Feb 20, 2024 Feb 20, 2024 Feb 23, 2024 $0.129 0.516%
3 Jan 22, 2024 Jan 22, 2024 Jan 26, 2024 $0.131 0.522%
4 Dec 18, 2023 Dec 18, 2023 Dec 22, 2023 $0.152 0.608%
5 Nov 20, 2023 Nov 20, 2023 Nov 24, 2023 $0.127 0.509%

FAQ

What is the symbol for POWERSHARES VRI ETF and on which exchange is it traded?
The symbol for POWERSHARES VRI is VRIG and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell POWERSHARES VRI ETF?
POWERSHARES VRI 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 POWERSHARES VRI ETF?
POWERSHARES VRI ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy POWERSHARES VRI ETF.

What's the current price of POWERSHARES VRI ETF?
As of the end of day on the 2024-03-27, the price of an POWERSHARES VRI (VRIG) share was $25.08.

What is the 52-week high and low for POWERSHARES VRI ETF?
The 52-week high for POWERSHARES VRI ETF is $25.19 and the 52-week low is $24.68.

What is the market capitalization of POWERSHARES VRI ETF?
As of the 2024-03-27, the market capitalization of POWERSHARES VRI is 864.838M.
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