May 20, 2017
Singapore Stock Analysis – Stock Stories
C52 ComfortDelgro Corportion and Moving Averages and Bollinger Bands
Study transportation stock, C52 ComfortDelgro Corportion. See the chart for the stock price action. Manage your risk.
Using Moving Average and Bollinger bands to analyse the stock price.
Bollinger Bands BB:
Picture worth a thousand words, see chart COMFORTDELGRO CORPORATION LTD, C52 has closed below upper band by of Bollinger Bands. Relatively the BB is wider than normal.
In Bollinger Bands the larger the width of the bands suggest a high volatility. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term.
Take a closer study, the bands have been in this wide range for only 2 bars. The probability of prices consolidating into a less volatile trading range increases the longer the bands remain in this wide range.
Trade with your eyes open, and manage your own trade risk.
Price Action and Moving Averages:
COMFORTDELGRO CORPORATION LTD, stock code: C52 has closed above of its Short Term 20 period Moving Average.
Short Term moving average is currently above its Mid-Term, and above its Long Term moving averages.
Therefore, C52 price action and moving averages is: bullish in short-term, and bullish in mid to long term.
May 18, 2018 ComfortDelgro Corportion and MA and BB
Moses
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
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