Hi @euro3000 when price is outside the Bollinger band either at the top or the bottom as in this case..its showing that price has deviated way too far in a short period of time even after taking into account the adjusted volatility for that period of time.
"Bollinger Bands are envelopes plotted at a standard deviation level above and below a simple moving average of the price. Because the distance of the bands is based on standard deviation, they adjust to volatility swings in the underlying price."
Hi @euro3000 when price is outside the Bollinger band either at...
-
- There are more pages in this discussion • 2,982 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.1¢ |
Change
-0.002(2.15%) |
Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 9.2¢ | 9.5¢ | 8.9¢ | $1.048M | 11.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 291805 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 292171 | 5 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |