Tech Stock Bollinger Band Analysis, January, 2009
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Created by Ira Krakow
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Date updated:01-29-2009

In my article, Trade Microsoft Using Bollinger Bands, at Stockpickr Articles, I showed how to spot upside and downside breakouts using Bollinger bands.

Here, I look at activity in 10 tech stocks from December 29, 2008 through January 28, 2009, looking for the upside and downside breakouts and volatility squeezes I describe in the article. I used the standard 20 period moving average as the middle band, with 2 standard deviations defining the upper and lower bands.

Source: Fidelity Active Trader Pro.

symbol name last price % change open
  • +
  • MSFT
    Microsoft Corpora
  • $29.22
  • -1.91%
  • $29.01

12/28/2008 to 1/6/2009: Move from 19 to 20.75, with bands expandinig from below 20 day moving average to upper Bollinger band. 1/7/2009 to 1/21/2009: Consolidation and sideways price movement, from 21 to 19. Narrowing of bands. 1/22/2009 to 1/28/2009: Expansion of bands. Downward movement from 19 to 17 on 1/22/2009 and 1/23/2009, to lower Bollinger band. 1/24/2009 to 1/28/2009: Move from 16.9 to 18, from below lower Bollinger band to halfway between lower Bollinger band and 20 day moving average.

People owning MSFT also tend to own: AAPLAMDCSCODELLGOOGIBMINTC

TheStreet.com Rating: B What is this?

  • +
  • AAPL
    Apple Inc.
  • $200.59
  • -1.76%
  • $199.10

12/28/2008 to 1/6/2009: Price moved from 85 to 97, from above lower Bollinger band to 20 day moving average. Wide, steady bands. 1/7/2009 to 1/21/2009: Price move from 97 to 78. Downside breakout to below lower Bollinger band. 1/22/2009 to 1/28/2009: Widening bands with increasing prices, signaling upside breakout.

People owning AAPL also tend to own: AMDCSCODELLGOOGIBMINTCMSFT

TheStreet.com Rating: B+ What is this?

  • +
  • GOOG
    Google Inc.
  • $579.76
  • -1.02%
  • $571.58

12/29/2008 to 1/6/2009: Move from 298 to 340. narrowing of bands, price moved from 20 day SMA to above upper Bollinger band. 1/7/2009 to 1/20/2009: Mover from 340 to 285. Bands remained steady but price slipped from upper to lower Bollinger band. 1/21/2009 to 1/28/2009: Move from 298 to 350. Expansion of band width and increasing prices, to upper Bollinger band, consistent with upside breakout.

People owning GOOG also tend to own: AAPLAMDCSCODELLIBMINTCMSFT

TheStreet.com Rating: B What is this?

  • +
  • GOOG
    Google Inc.
  • $579.76
  • -1.02%
  • $571.58

12/29/2008 to 1/6/2009: Move from 298 to 340. narrowing of bands, price moved from 20 day SMA to above upper Bollinger band. 1/7/2009 to 1/20/2009: Mover from 340 to 285. Bands remained steady but price slipped from upper to lower Bollinger band. 1/21/2009 to 1/28/2009: Move from 298 to 350. Expansion of band width and increasing prices, to upper Bollinger band, consistent with upside breakout.

People owning GOOG also tend to own: AAPLAMDCSCODELLIBMINTCMSFT

TheStreet.com Rating: B What is this?

  • +
  • RIMM
    Research In Motio
  • $58.14
  • -2.71%
  • $58.00

12/29/2008 to 1/9/2009: upside breakout along upper Bollinger band, from 38 to 47. 1/10/2009 to 1/15/2009: consolidation with narrowing of bands, in 47 to 49 range. 1/16/2009 to 1/28/2009: upside breakout along upper Bollinger band, to 57 Great monthly chart, with steady gains throughout.

People owning RIMM also tend to own: AAPLAPAAUYBPCCMECOP

TheStreet.com Rating: B- What is this?

  • +
  • DELL
    Dell Inc.
  • $14.14
  • -1.53%
  • $14.03

12/29/2008 to 1/9/2009: Move from 10 to 11 from lower Bollinger band to 20 day moving average. 1/10/2009 to 1/23/2009: Move downward from 11 to 9.5 from 20 day moving average to lower Bollinger band. 1/24/2009 to 1/28/2009: Move upward from 9.5 to 10.6, from lower Bollinger band to 20 dag moving average.

People owning DELL also tend to own: AAPLAMDCSCOGOOGIBMINTCMSFT

TheStreet.com Rating: C+ What is this?

  • +
  • HPQ
    Hewlett Packard C
  • $49.07
  • -1.96%
  • $48.94

12/29/2008 to 1/7/2009: Move from 36 to 38.6 from 20 day moving average to upper Bollinger band. 1/8/2009 to 1/20/2009: Steady downward moving from 38.6 to 33.2 from upper Bollinger band to lower Bollinger band. 1/21/2009 to 1/28/2009: Sharp upward movement from 33.2 to 37.5, from lower Bollinger band to above 20 day moving average.

People owning HPQ also tend to own: AAPLAIGAPDBABACBAXC

TheStreet.com Rating: B What is this?

  • +
  • ORCL
    Oracle Corporatio
  • $22.09
  • -2.26%
  • $22.14

12/29/2008 to 1/6/2009: Move from 17.3 to 18.5, from above 20 day moving average to upper Bollinger band. 1/7/2009 to 1/15/2009: Sharp move downward from 18.5 to 16, from upper Bollinger band to lower Bollinger band. 1/16/2009 to 1/28/2008: Move from 16 to 17.9, from lower Bollinger band to above 20 day moving average.

People owning ORCL also tend to own: AAPLAMDCSCODELLGOOGIBMINTC

TheStreet.com Rating: B+ What is this?

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