StockEagle Study#18 (Breakouts/% Down)         prev.jpg (821 bytes)   next.jpg (821 bytes)

This study shows the stocks which trade below its bollinger band envelope.
which usually indicates a change to a new price area as long as the volume sustains.
It shows the the distance below the range envelope in percent.
This can indicate profitable long opportunities when you enter near the bottom!
(If the database is out of date this study is disabled, bring the database up-to-date)

Example:
24.0 CLBR

CLBR is trading at a price of 9 15/16 or 24.0%
below its lower bollinger band of 12.3220.

This study shows the result as percentage below the lower bollinger envelope.
The bollinger envelope is calculated with double standard deviation
based on a 20 day exponential average.

Note that the database has to be current to show the correct result.
To check the closing price.see Symbol Info

To see the details of any entry in this study simply click on the symbol and
select "Display Details" from the PopUp menu
(see Show Event Detail for more information)