The purpose of the Bollinger Bands is to provide a relative definition of high and low. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action of the action of indicators to arrive at systematic trading decision.
Calculation: Bollinger Bands:
1) Middle Band = 20-day simple moving average (SMA);
2) Upper Band = 20-day SMA + (20-day standard deviation of price x 2);
3) Lower Band = 20-day SMA - (20-day standard deviation of price x 2);
PROFILE: ALS (ALQ.AX)
Stock Exchange: ASX
Ticker Codes: | ALQ.AX | ASX:ALQ |
ALS Limited provides analytical testing services in Australia, Canada, the United States, and internationally. The company's Life Sciences segment offers analytical testing and sampling, and remote monitoring services for the environmental, food, pharmaceutical, and consumer products markets. It provides analytical testing data to assist consulting and engineering firms, industries, and governments. The company's Industrial segment offers diagnostic testing and engineering solutions for the energy, resources, transportation, and infrastructure sectors. This segment serves asset owners, operators, constructors, and equipment manufacturers in the power, petrochemical, mining, minerals processing, water, infrastructure, and transportation industries. The company's Commodities segment provides testing services for the mining and mineral exploration companies in geochemistry, metallurgy, inspection, and coal quality areas. This segment's services cover the resource life-cycle, including exploration, feasibility, optimization, production, design, development, trade, and rehabilitation. It also provides coal sampling, analysis and certification, formation evaluation, and related analytical testing services; and field and laboratory services, such as bore core, testing, consulting, quality management, and superintendent services to the coal industry. The company was formerly known as Campbell Brothers Limited and changed its name to ALS Limited in August 2012. ALS Limited was founded in 1863 and is headquartered in Brisbane, Australia.
|CTD Corporate Travel Management||28.81||14.7||1,727,133||92.58||BULLISH|
|EMH European Metals Holdings||0.4||14.3||44,010||85.6||BULLISH|
|SVW Seven Holdings||19.02||12.2||2,028,025||71.52||BULLISH|
|AXP Airxpanders Inc||0.04||12.1||4,203,665||32.27||BULLISH|
|AGG Anglogold Ashanti||4.16||8.3||21,558||68.09||BULLISH|
|SXY Senex Energy||0.38||7.1||10,983,458||51.79||BULLISH|
|BFC Beston Global Food||0.16||6.9||222,535||66.01||BULLISH|