Bollinger Bands® (BBANDS) for FDX on Daily Timeframe

Bollinger Bands® are a volatility indicator that plots two bands around a simple moving average (SMA) of an asset's price. The bands are calculated using standard deviation, creating an envelope that typically contains a certain percentage of price movements.

BBANDS Formula

SMA = Sum of Closing Prices (over the specified period) / Number of Periods

Standard Deviation = √(Σ(Close - SMA)² / (Number of Periods - 1))

Upper Band = SMA + (Standard Deviation * Multiplier)

Lower Band = SMA - (Standard Deviation * Multiplier)