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 WSR
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Stronger technical forecast for Whitestone REIT stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Whitestone REIT stock price gained 2.62% on the last trading day (Thursday, 28th Mar 2024), rising from $12.23 to $12.55. During the last trading day the stock fluctuated 2.28% from a day low at $12.27 to a day high of $12.55. The price has been going up and down for this period, and there has been a 3.8% 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, 23 thousand more shares were traded than the day before. In total, 371 thousand shares were bought and sold for approximately $4.66 million.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Whitestone REIT stock with a 90% probability to be traded between $11.40 and $12.91 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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WSR Signals & Forecast

Mostly positive signals in the chart today. The Whitestone REIT 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 $12.25 and $12.29. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 4.58%. 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 is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Whitestone REIT stock

Whitestone REIT finds support from accumulated volume at $12.30 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 $0.280 between high and low, or 2.28%. For the last week the stock has had daily average volatility of 2.26%.

Our recommended stop-loss: $12.02 (-4.19%) (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 (WSR) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Whitestone REIT to open at $12.46, and during the day (based on 14 day Average True Range), to move between $12.28 and $12.82, which gives a possible trading interval of +/-$0.266 (+/-2.12%) up or down from last closing price. If Whitestone REIT takes out the full calculated possible swing range there will be an estimated 4.23% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $12.70 (1.20%) than the support at $12.30 (1.99%), 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 Whitestone REIT 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 Whitestone REIT stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.856 Buy Candidate Upgraded

Predicted Opening Price for Whitestone REIT of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$12.46 ( 0.744%) $12.55

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

Trading levels for WSR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 12.74 1.49 %
R2 12.63 0.635 %
R1 12.56 0.109 %
Current price: 12.55
Support S1 12.35 -1.60 %
S2 12.28 -2.12 %
S3 12.18 -2.97 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 13.00 3.59 %
R2 12.92 2.95 %
R1 12.70 1.20 %
Current price 12.55
Support S1 12.30 -1.99%
S2 12.05 -3.98%
S3 11.99 -4.46%

WSR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 01, 2024 Apr 01, 2024 Apr 11, 2024 $0.0413 0.329%
2 Dec 05, 2023 Mar 01, 2024 Mar 14, 2024 $0.0400 0.331%
3 Feb 01, 2024 Feb 01, 2024 Feb 12, 2024 $0.0400 0.313%
4 Jan 03, 2024 Jan 03, 2024 Jan 11, 2024 $0.0400 0.334%
5 Sep 06, 2023 Dec 01, 2023 Dec 12, 2023 $0.0400 0.344%

FAQ

What is the symbol for Whitestone REIT Stock and on which exchange is it traded?
The symbol for Whitestone REIT is WSR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Whitestone REIT 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 Whitestone REIT stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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

What's the current price of Whitestone REIT Stock?
As of the end of day on the 2024-03-28, the price of an Whitestone REIT (WSR) share was $12.55.

What is the 52-week high and low for Whitestone REIT Stock?
The 52-week high for Whitestone REIT Stock is $13.12 and the 52-week low is $8.21.

What is the market capitalization of Whitestone REIT Stock?
As of the 2024-03-28, the market capitalization of Whitestone REIT is 626.978M.

When is the next earnings date for Whitestone REIT?
The upcoming earnings date for Whitestone REIT is May 07, 2024.
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About Whitestone REIT

Whitestone REIT Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide da... WSR Profile

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