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Concordia Healthcare Corp. T.CXR.R

Healthcare Biotechnology


TSX:CXR.R - Post by User

Concordia Healthcare Corp. > Post-earnings price estimate...
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Comment by Marcel7on Nov 20, 2015 5:14pm
158 Views
Post# 24310930

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Post-earnings price estimate...

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Post-earnings price estimate...Was this meant as a joke? If so you have me laughing.

The mid of Bollinger bands is just a simple moving average. With 20 periods and what appears to be 2 minute periods, you are basically saying that the price at close was equal to the simple moving average of 20, 2 minute periods before close. This is hardly a revelation, in fact, if you were to test this out on a wide range of stocks you would find that it would on average equal the closing price with pretty decent precision.

argentia77 wrote:
argUser imageentia77 wrote:

Mid Bollnger bands set with 20 periods gets it bang on at $52.57


Try here:  User image


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