Atlantic Power Corp 5.75 (ATP-DB-U.TO): Bollinger Bands Signal Update

Narrowing in on shares of Atlantic Power Corp 5.75 (ATP-DB-U.TO), we can see that the current 20-Day Bollinger Bands signal is currently reading Hold. This short-term indicator can be used to help identify oversold and overbought conditions. The signal direction is presently Rising. Following another signal, we note that the 10-day moving average Hilo channel reading is currently Buy. This indicator calculates the moving average based on highs/lows rather than the closing price. The direction of this signal has been spotted as reading Strengthening.

Shifting gears, we see that the opinion signal for the current session is 80% Buy for Atlantic Power Corp 5.75. Investors may also be watching the strength and direction of the opinion signals. The opinion direction is presently Strengthening. This is a measurement over the last three trading sessions that gives an indication of whether the latest recent price movement is following the signal. A Buy or Sell signal with a “Strongest” direction indicates that the signal is gaining strength. The opinion strength signal is presently reading Average. This is a longer-term measure verse the historical strength.

Atlantic Power Corp 5.75 (ATP-DB-U.TO) currently has a standard deviation of +0.22. Standard deviation is defined as a measure of the dispersion from the mean in regards to a data set. When dealing with financial instruments, the standard deviation is applied to the annual rate of return to help measure the volatility of a particular investment. Watching the standard deviation may help investors see if a stock is primed for a major move. The stock’s current pivot is 100.5. The pivot point is typically used as a trend indicator. The pivot is the average of the close, low, and high of the prior trading period.

Atlantic Power Corp 5.75 (ATP-DB-U.TO)) currently has a 6 month MA of 99.52. Investors may use moving averages for different reasons. Some may use the moving average as a primary trading tool, while others may use it as a back-up. Investors may be watching when the stock price crosses a certain moving average and then closes on the other side. These moving average crossovers may be used to help identify momentum shifts, or possible entry/exit points. A cross below a certain moving average may signal the beginning of a downward move. On the other end, a cross above a moving average may indicatet a possible uptrend. Investors may be focused on multiple time periods when studying moving averages. Zooming out a bit further, we have noted that the 9 month moving average is currently 99.04.

Investors may be tracking the average range on shares of Atlantic Power Corp 5.75 (ATP-DB-U.TO). The stock currently has a 9 day average range of 0.25. This a moving average of trading ranges over a 9 day time frame. With this value, higher numbers tend to occur at market bottoms while lower values may be spotted during extended sideways periods. Looking at the 9 day relative strength reading, we can see that the value is currently 56.95%. This technical momentum indicator compares the size of recent gains to recent losses helping to identify possible overbought and oversold conditions.

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