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: Consolidated Gaming Corporation (CGC.AX)
Stock Exchange: ASX
Company: Consolidated Gaming Corporation
Ticker Codes: | CGC.AX | ASX:CGC |
Costa Group Holdings Limited produces, packs, markets, and exports fruits and vegetables to food retailers in Australia. The company operates through three segments: Products, Costa Farms & Logistics, and International. It offers mushrooms, blueberries, raspberries, tomatoes, citrus, avocados, bananas, grapes, and other fruits. The company also provides logistics warehousing and services; and wholesale and marketing services. In addition, it engages in licensing blueberry varieties; and berry farming activities. The company primarily exports its products to Asia, North America, and Europe. The company was founded in 1888 and is based in Ravenhall, Australia.
|AUB Austbrokers Holdings||12.19||4.1||207,002||-8.14||BEARISH|
|BFC Beston Global Food||0.14||3.7||127,631||-15.63||BEARISH|
|TLG Talga Gold||0.35||2.9||146,768||-32.15||BEARISH|
|GBT Gbst Holdings||1.42||2.5||1,607,388||-31.29||BEARISH|
|EHE Estia Health||2.19||2.3||605,902||-16.78||BEARISH|
|SLR Silver Lake Resources||0.53||1.9||839,934||-27.41||BEARISH|