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: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of XAR.L
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Red day on Wednesday for SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF
(Updated on Mar 27, 2024)

Sell candidate since Mar 19, 2024 Loss -5.09% PDF

No changes to the price of SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 4.98% from a day low at £100.50 to a day high of £105.50. The price has fallen in 5 of the last 10 days and is down by -6.82% for this period.

The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF stock with a 90% probability to be traded between £93.59 and £133.02 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.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

XAR.L Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at £106.79 and £109.76. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 11, 2024, and so far it has fallen -9.69%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.

Support, Risk & Stop-loss for SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF stock

SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF finds support from accumulated volume at £100.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £5.00 between high and low, or 4.98%. For the last week, the stock has had daily average volatility of 5.19%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (XAR.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF to open at £102.83, and during the day (based on 14 day Average True Range), to move between £96.95 and £108.05, which gives a possible trading interval of +/-£5.55 (+/-5.41%) up or down from last closing price. If SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF takes out the full calculated possible swing range there will be an estimated 10.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £100.50 (1.95%) than the resistance at £105.00 (2.44%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF stock A Buy?

SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.072 Sell Candidate Unchanged

Predicted Opening Price for SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£102.83 ( 0.325%) £102.50

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

Trading levels for XAR.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 107.83 5.20 %
R2 105.92 3.34 %
R1 104.74 2.19 %
Current price: 102.50
Support S1 100.92 -1.54 %
S2 99.74 -2.69 %
S3 97.83 -4.55 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 109.00 6.34 %
R2 107.50 4.88 %
R1 105.00 2.44 %
Current price 102.50
Support S1 100.50 -1.95%
S2 100.00 -2.44%
S3 94.40 -7.90%

XAR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 05, 2018 Sep 13, 2018 Oct 12, 2018 £1.00 0.647%
2 Mar 21, 2018 May 31, 2018 Jun 29, 2018 £6.80 2.84%
3 Sep 06, 2017 Sep 14, 2017 Oct 12, 2017 £3.40 0.739%
4 Mar 22, 2017 May 25, 2017 Jun 26, 2017 £6.70 1.86%
5 Aug 24, 2016 Sep 01, 2016 Sep 30, 2016 £3.30 0.660%

FAQ

What is the symbol for SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF Stock and on which exchange is it traded?
The symbol for SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF is XAR.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF Stock?
SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF Stock?
SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF Stock.

What's the current price of SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF Stock?
As of the end of day on the 2024-03-27, the price of an SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF (XAR.L) share was £102.50.

What is the 52-week high and low for SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF Stock?
The 52-week high for SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF Stock is £214.00 and the 52-week low is £90.24.

What is the market capitalization of SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF Stock?
As of the 2024-03-27, the market capitalization of SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF is 83.289M.

When is the next earnings date for SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF?
The upcoming earnings date for SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF is Sep 17, 2024.
Click to get the best stock tips daily for free!

About SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF

SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF Xaar plc designs, develops, manufactures, markets, and sells printheads and associated products in Europe, the Middle East, Africa, Asia, and the Americas. It operates through three segments: Printhead, Product Print Systems, and Digital Imaging segments. The company offers print head products; digital imaging solutions, comprising digital inkjet label presses and digital pathology scanners; industrial ink management and supply systems for digita... XAR.L Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT