2025-01-26 01:41
IndustryBollinger Bands
Bollinger Bands are a technical analysis tool that consists of a moving average and two standard deviations plotted above and below it. The bands expand and contract based on market volatility. When the bands are wide, volatility is high, and when they are narrow, volatility is low. Traders use Bollinger Bands to identify trends, predict price movements, and spot potential breakouts.
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Bollinger Bands
Nigeria | 2025-01-26 01:41Bollinger Bands are a technical analysis tool that consists of a moving average and two standard deviations plotted above and below it. The bands expand and contract based on market volatility. When the bands are wide, volatility is high, and when they are narrow, volatility is low. Traders use Bollinger Bands to identify trends, predict price movements, and spot potential breakouts.
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