| Rank | Ticker | Contraction Value | Name |
|---|---|---|---|
| 1 | WMT | 2.44 | Walmart Inc. |
| 2 | SPY | 2.89 | State Street SPDR S&P 500 ETF T |
| 3 | HON | 3.22 | Honeywell International Inc. |
| 4 | BCS | 3.80 | Barclays PLC |
| 5 | BBVA | 4.17 | Banco Bilbao Vizcaya Argentaria |
| 6 | PLD | 4.34 | Prologis, Inc. |
| 7 | IWM | 4.44 | iShares Russell 2000 ETF |
| 8 | D | 4.46 | Dominion Energy, Inc. |
| 9 | IP | 4.46 | International Paper Company |
| 10 | CCI | 4.46 | Crown Castle Inc. |
| 11 | MCD | 4.51 | McDonald's Corporation |
| 12 | JPM | 4.51 | JP Morgan Chase & Co. |
| 13 | MMM | 4.67 | 3M Company |
| 14 | QQQ | 4.77 | Invesco QQQ Trust, Series 1 |
| 15 | MO | 4.79 | Altria Group, Inc. |
| 16 | GS | 4.79 | Goldman Sachs Group, Inc. (The) |
| 17 | DT | 4.90 | Dynatrace, Inc. |
| 18 | CSCO | 5.13 | Cisco Systems, Inc. |
| 19 | XOM | 5.18 | Exxon Mobil Corporation |
| 20 | MSFT | 5.22 | Microsoft Corporation |
| 21 | TGT | 5.31 | Target Corporation |
| 22 | BP | 5.35 | BP p.l.c. |
| 23 | DIS | 5.41 | Walt Disney Company (The) |
| 24 | LYG | 5.48 | Lloyds Banking Group Plc |
| 25 | TAL | 5.56 | TAL Education Group |
| 26 | GPC | 5.58 | Genuine Parts Company |
| 27 | ZTO | 5.59 | ZTO Express (Cayman) Inc. |
| 28 | VALE | 5.67 | VALE S.A. |
| 29 | SPG | 5.73 | Simon Property Group, Inc. |
| 30 | BA | 5.80 | Boeing Company (The) |
| 31 | APG | 5.83 | APi Group Corporation |
| 32 | CRM | 5.90 | Salesforce, Inc. |
| 33 | SCHW | 5.90 | Charles Schwab Corporation (The |
| 34 | V | 5.96 | Visa Inc. |
| 35 | SU | 6.00 | Suncor Energy Inc. |
| 36 | AEG | 6.02 | Aegon Ltd. New York Registry Sh |
| 37 | LUV 🚀 | 6.02 | Southwest Airlines Company |
| 38 | NXPI | 6.02 | NXP Semiconductors N.V. |
| 39 | MCHP 📈 | 6.12 | Microchip Technology Incorporat |
| 40 | BAC | 6.16 | Bank of America Corporation |
| 41 | MUFG | 6.16 | Mitsubishi UFJ Financial Group, |
| 42 | CPNG 🚀 | 6.17 | Coupang, Inc. |
| 43 | KR | 6.25 | Kroger Company (The) |
| 44 | SIRI | 6.29 | SiriusXM Holdings Inc. |
| 45 | ABNB | 6.40 | Airbnb, Inc. |
| 46 | OKTA 🚀 | 6.40 | Okta, Inc. |
| 47 | HWM | 6.43 | Howmet Aerospace Inc. |
| 48 | ADI | 6.44 | Analog Devices, Inc. |
| 49 | GOOG | 6.47 | Alphabet Inc. |
| 50 | YUM | 6.52 | Yum! Brands, Inc. |
| 51 | GOOGL | 6.58 | Alphabet Inc. |
| 52 | KIM | 6.60 | Kimco Realty Corporation (HC) |
| 53 | FLEX | 6.62 | Flex Ltd. |
| 54 | CNQ | 6.71 | Canadian Natural Resources Limi |
| 55 | KHC | 6.72 | The Kraft Heinz Company |
| 56 | GPN 🚀 | 6.72 | Global Payments Inc. |
| 57 | NRG | 6.84 | NRG Energy, Inc. |
| 58 | ADM | 6.84 | Archer-Daniels-Midland Company |
| 59 | EBAY | 6.86 | eBay Inc. |
| 60 | AGNC | 6.87 | AGNC Investment Corp. |
| 61 | ZBH | 6.98 | Zimmer Biomet Holdings, Inc. |
| 62 | SONY | 6.99 | Sony Group Corporation |
| 63 | YUMC | 7.14 | Yum China Holdings, Inc. |
| 64 | DOCS | 7.24 | Doximity, Inc. |
| 65 | SJM | 7.29 | The J.M. Smucker Company |
| 66 | ET | 7.33 | Energy Transfer LP |
| 67 | HPE | 7.36 | Hewlett Packard Enterprise Comp |
| 68 | PBR-A | 7.40 | Petroleo Brasileiro S.A. Petrob |
| 69 | NET | 7.49 | Cloudflare, Inc. |
| 70 | APTV | 7.50 | Aptiv PLC |
| 71 | UBER | 7.51 | Uber Technologies, Inc. |
| 72 | USB | 7.51 | U.S. Bancorp |
| 73 | APH | 7.52 | Amphenol Corporation |
| 74 | QCOM | 7.55 | QUALCOMM Incorporated |
| 75 | WPM | 7.65 | Wheaton Precious Metals Corp |
| 76 | DJT 🚀 📈 | 7.75 | Trump Media & Technology Group |
| 77 | RF | 7.78 | Regions Financial Corporation |
| 78 | MDB 🚀 | 7.79 | MongoDB, Inc. |
| 79 | EQNR | 7.80 | Equinor ASA |
| 80 | FTI 🚀 | 7.84 | TechnipFMC plc |
| 81 | GILD | 7.87 | Gilead Sciences, Inc. |
| 82 | ADBE | 7.93 | Adobe Inc. |
| 83 | MOS | 7.96 | Mosaic Company (The) |
| 84 | CVE | 7.97 | Cenovus Energy Inc |
| 85 | MFG | 8.03 | Mizuho Financial Group, Inc. Sp |
| 86 | UAA | 8.06 | Under Armour, Inc. |
| 87 | VZ | 8.11 | Verizon Communications Inc. |
| 88 | EC | 8.24 | Ecopetrol S.A. |
| 89 | SBUX | 8.31 | Starbucks Corporation |
| 90 | ASX | 8.37 | ASE Technology Holding Co., Ltd |
| 91 | LVS | 8.39 | Las Vegas Sands Corp. |
| 92 | DB | 8.42 | Deutsche Bank AG |
| 93 | ROST | 8.44 | Ross Stores, Inc. |
| 94 | DAL | 8.45 | Delta Air Lines, Inc. |
| 95 | DVN 🚀 | 8.46 | Devon Energy Corporation |
| 96 | GEV 🚀 | 8.55 | GE Vernova Inc. |
| 97 | COST | 8.58 | Costco Wholesale Corporation |
| 98 | OMC 🚀 | 8.65 | Omnicom Group Inc. |
| 99 | TMUS | 8.69 | T-Mobile US, Inc. |
| 100 | EXEL | 8.72 | Exelixis, Inc. |
| 101 | ACN | 8.76 | Accenture plc |
| 102 | WFC | 8.79 | Wells Fargo & Company |
| 103 | NTAP | 8.86 | NetApp, Inc. |
| 104 | BBY | 8.91 | Best Buy Co., Inc. |
| 105 | GM 🚀 | 8.96 | General Motors Company |
| 106 | NU | 8.98 | Nu Holdings Ltd. |
| 107 | ON | 9.07 | ON Semiconductor Corporation |
| 108 | C | 9.07 | Citigroup, Inc. |
| 109 | CX | 9.10 | Cemex, S.A.B. de C.V. Sponsored |
| 110 | CMG | 9.13 | Chipotle Mexican Grill, Inc. |
| 111 | PCAR | 9.15 | PACCAR Inc. |
| 112 | CAH | 9.21 | Cardinal Health, Inc. |
| 113 | PHM | 9.24 | PulteGroup, Inc. |
| 114 | PDD | 9.28 | PDD Holdings Inc. |
| 115 | AMZN | 9.35 | Amazon.com, Inc. |
| 116 | NUE | 9.38 | Nucor Corporation |
| 117 | MNST | 9.50 | Monster Beverage Corporation |
| 118 | BHP | 9.52 | BHP Group Limited |
| 119 | ZM | 9.59 | Zoom Communications, Inc. |
| 120 | COO | 9.59 | The Cooper Companies, Inc. |
| 121 | FI | 9.61 | Fiserv, Inc. |
| 122 | OXY | 9.61 | Occidental Petroleum Corporatio |
| 123 | BBWI | 9.62 | Bath & Body Works, Inc. |
| 124 | JD | 9.65 | JD.com, Inc. |
| 125 | CAVA | 9.67 | CAVA Group, Inc. |
| 126 | YMM | 9.78 | Full Truck Alliance Co. Ltd. |
| 127 | NWG | 9.78 | NatWest Group plc |
| 128 | M 🚀 | 9.80 | Macy's Inc |
| 129 | VTRS | 9.84 | Viatris Inc. |
| 130 | CDNS | 9.91 | Cadence Design Systems, Inc. |
| 131 | PANW | 9.95 | Palo Alto Networks, Inc. |
| 132 | BG | 10.01 | Bunge Limited |
| 133 | PBR | 10.04 | Petroleo Brasileiro S.A. Petrob |
| 134 | AR | 10.07 | Antero Resources Corporation |
| 135 | IOT 🚀 | 10.08 | Samsara Inc. |
| 136 | WELL | 10.13 | Welltower Inc. |
| 137 | NKE 🚀 | 10.14 | Nike, Inc. |
| 138 | SE 🚀 | 10.34 | Sea Limited |
| 139 | NTR | 10.37 | Nutrien Ltd. |
| 140 | PM | 10.62 | Philip Morris International Inc |
| 141 | FERG | 10.66 | Ferguson Enterprises Inc. |
| 142 | DASH | 10.78 | DoorDash, Inc. |
| 143 | CRH | 10.79 | CRH PLC |
| 144 | COF | 10.79 | Capital One Financial Corporati |
| 145 | SPOT 🚀 | 10.80 | Spotify Technology S.A. |
| 146 | OVV | 10.86 | Ovintiv Inc. (DE) |
| 147 | VST 📈 | 10.90 | Vistra Corp. |
| 148 | DG | 10.92 | Dollar General Corporation |
| 149 | BKR | 10.94 | Baker Hughes Company |
| 150 | LI | 10.98 | Li Auto Inc. |
| 151 | CLS 🚀 📈 | 11.02 | Celestica, Inc. |
| 152 | FDX | 11.09 | FedEx Corporation |
| 153 | W 📈 | 11.10 | Wayfair Inc. |
| 154 | RCL | 11.11 | Royal Caribbean Cruises Ltd. |
| 155 | TCOM | 11.18 | Trip.com Group Limited |
| 156 | NLY | 11.24 | Annaly Capital Management Inc. |
| 157 | MGM | 11.30 | MGM Resorts International |
| 158 | F | 11.31 | Ford Motor Company |
| 159 | ANET | 11.42 | Arista Networks, Inc. |
| 160 | TPR 🚀 | 11.44 | Tapestry, Inc. |
| 161 | APA | 11.46 | APA Corporation |
| 162 | XYZ | 11.60 | Block, Inc. |
| 163 | CCJ | 11.74 | Cameco Corporation |
| 164 | NDAQ | 11.78 | Nasdaq, Inc. |
| 165 | ROKU | 11.91 | Roku, Inc. |
| 166 | SW | 11.94 | Smurfit WestRock plc |
| 167 | NVDA | 11.97 | NVIDIA Corporation |
| 168 | LITE 🚀 📈 | 12.03 | Lumentum Holdings Inc. |
| 169 | WYNN | 12.05 | Wynn Resorts, Limited |
| 170 | CNM | 12.05 | Core & Main, Inc. |
| 171 | BAX | 12.06 | Baxter International Inc. |
| 172 | EL | 12.09 | Estee Lauder Companies, Inc. (T |
| 173 | FANG | 12.18 | Diamondback Energy, Inc. |
| 174 | HD | 12.25 | Home Depot, Inc. (The) |
| 175 | DHI | 12.31 | D.R. Horton, Inc. |
| 176 | AVGO | 12.34 | Broadcom Inc. |
| 177 | FUTU 📈 | 12.45 | Futu Holdings Limited |
| 178 | SYF | 12.47 | Synchrony Financial |
| 179 | BEKE | 12.50 | KE Holdings Inc |
| 180 | TWLO | 12.57 | Twilio Inc. |
| 181 | EOG | 12.60 | EOG Resources, Inc. |
| 182 | ULTA | 12.61 | Ulta Beauty, Inc. |
| 183 | AMC 🚀 📈 | 12.66 | AMC Entertainment Holdings, Inc |
| 184 | META | 12.71 | Meta Platforms, Inc. |
| 185 | PSKY 🚀 | 12.75 | Paramount Skydance Corporation |
| 186 | ENPH 🚀 | 12.77 | Enphase Energy, Inc. |
| 187 | STM | 12.85 | STMicroelectronics N.V. |
| 188 | CVNA 📈 | 12.88 | Carvana Co. |
| 189 | ONON | 13.02 | On Holding AG |
| 190 | CSGP | 13.05 | CoStar Group, Inc. |
| 191 | ZS | 13.13 | Zscaler, Inc. |
| 192 | CPB | 13.18 | The Campbell's Company |
| 193 | PSTG 🚀 | 13.22 | Everpure, Inc. |
| 194 | CF 🚀 | 13.23 | CF Industries Holdings, Inc. |
| 195 | VLO 🚀 | 13.33 | Valero Energy Corporation |
| 196 | NTNX | 13.35 | Nutanix, Inc. |
| 197 | WDAY | 13.37 | Workday, Inc. |
| 198 | NCLH | 13.63 | Norwegian Cruise Line Holdings |
| 199 | PLTR 📈 | 13.65 | Palantir Technologies Inc. |
| 200 | AGI | 13.76 | Alamos Gold Inc. |
| 201 | PTEN | 13.76 | Patterson-UTI Energy, Inc. |
| 202 | SWKS | 13.77 | Skyworks Solutions, Inc. |
| 203 | NOK 🚀 | 13.83 | Nokia Corporation Sponsored |
| 204 | GRAB | 13.86 | Grab Holdings Limited |
| 205 | CHWY | 14.08 | Chewy, Inc. |
| 206 | PR | 14.11 | Permian Resources Corporation |
| 207 | RBLX 📈 | 14.36 | Roblox Corporation |
| 208 | ZIM 🚀 📈 | 14.38 | ZIM Integrated Shipping Service |
| 209 | TSCO | 14.48 | Tractor Supply Company |
| 210 | PYPL | 15.00 | PayPal Holdings, Inc. |
| 211 | AS | 15.08 | Amer Sports, Inc. |
| 212 | GLW | 15.14 | Corning Incorporated |
| 213 | SNOW | 15.22 | Snowflake Inc. |
| 214 | AAPL | 15.29 | Apple Inc. |
| 215 | GME 🚀 📈 | 15.32 | GameStop Corporation |
| 216 | VG 🚀 📈 | 15.60 | Venture Global, Inc. |
| 217 | PAAS | 15.76 | Pan American Silver Corp. |
| 218 | ENTG | 15.78 | Entegris, Inc. |
| 219 | COHR | 15.85 | Coherent Corp. |
| 220 | TIGR 🚀 📈 | 15.95 | UP Fintech Holding Limited |
| 221 | CCL | 15.99 | Carnival Corporation |
| 222 | LYV | 16.05 | Live Nation Entertainment, Inc. |
| 223 | NEM | 16.17 | Newmont Corporation |
| 224 | RBRK 🚀 📈 | 16.24 | Rubrik, Inc. |
| 225 | AEM | 16.40 | Agnico Eagle Mines Limited |
| 226 | LEN | 16.56 | Lennar Corporation |
| 227 | NNOX 🚀 | 16.59 | NANO-X IMAGING LTD |
| 228 | RIG | 16.77 | Transocean Ltd (Switzerland) |
| 229 | DLTR | 16.79 | Dollar Tree, Inc. |
| 230 | ORCL 🚀 | 16.88 | Oracle Corporation |
| 231 | AA | 16.95 | Alcoa Corporation |
| 232 | KGC | 16.96 | Kinross Gold Corporation |
| 233 | T | 17.11 | AT&T Inc. |
| 234 | MSTR 📈 | 17.19 | Strategy Inc |
| 235 | CORZ 📈 | 17.31 | Core Scientific, Inc. |
| 236 | LYB 🚀 | 17.44 | LyondellBasell Industries NV |
| 237 | WULF 🚀 📈 | 17.52 | TeraWulf Inc. |
| 238 | QXO 📈 | 17.63 | QXO, Inc. |
| 239 | KNX | 17.69 | Knight-Swift Transportation Hol |
| 240 | FSLR | 17.80 | First Solar, Inc. |
| 241 | TECK | 18.04 | Teck Resources Ltd |
| 242 | WBD 📈 | 18.16 | Warner Bros. Discovery, Inc. - |
| 243 | SRE | 18.18 | DBA Sempra |
| 244 | GFI | 18.44 | Gold Fields Limited |
| 245 | TME | 18.54 | Tencent Music Entertainment Gro |
| 246 | SOFI 📈 | 18.55 | SoFi Technologies, Inc. |
| 247 | JHX 🚀 | 18.61 | James Hardie Industries plc. |
| 248 | UAL 🚀 📈 | 18.74 | United Airlines Holdings, Inc. |
| 249 | IBKR | 18.84 | Interactive Brokers Group, Inc. |
| 250 | TSLA 📈 | 18.92 | Tesla, Inc. |
| 251 | AAL | 18.94 | American Airlines Group, Inc. |
| 252 | HIMS 🚀 📈 | 19.02 | Hims & Hers Health, Inc. |
| 253 | SHOP 🚀 | 19.04 | Shopify Inc. |
| 254 | BX | 19.09 | Blackstone Inc. |
| 255 | EXE | 19.23 | Expand Energy Corporation |
| 256 | IBM | 19.40 | International Business Machines |
| 257 | AUR 📈 | 19.48 | Aurora Innovation, Inc. |
| 258 | HAL | 19.48 | Halliburton Company |
| 259 | LMND 🚀 📈 | 19.75 | Lemonade, Inc. |
| 260 | GFS | 19.90 | GlobalFoundries Inc. |
| 261 | ARM 🚀 📈 | 19.91 | Arm Holdings plc |
| 262 | AI 🚀 | 20.01 | C3.ai, Inc. |
| 263 | SNAP | 20.21 | Snap Inc. |
| 264 | CRWD | 20.22 | CrowdStrike Holdings, Inc. |
| 265 | TSM | 20.40 | Taiwan Semiconductor Manufactur |
| 266 | XEL | 20.63 | Xcel Energy Inc. |
| 267 | XPEV 🚀 📈 | 21.01 | XPeng Inc. |
| 268 | CLF 🚀 | 21.26 | Cleveland-Cliffs Inc. |
| 269 | AU | 21.59 | AngloGold Ashanti PLC |
| 270 | DHR | 21.62 | Danaher Corporation |
| 271 | PINS 🚀 | 21.67 | Pinterest, Inc. |
| 272 | EH | 21.68 | EHang Holdings Limited |
| 273 | STLA | 22.02 | Stellantis N.V. |
| 274 | CIEN 📈 | 22.29 | Ciena Corporation |
| 275 | MP 📈 | 22.30 | MP Materials Corp. |
| 276 | CMA | 22.58 | Comerica Incorporated |
| 277 | PTON 📈 | 22.61 | Peloton Interactive, Inc. |
| 278 | NXT 📈 | 22.67 | Nextpower Inc. |
| 279 | CELH | 22.79 | Celsius Holdings, Inc. |
| 280 | ALB 📈 | 23.39 | Albemarle Corporation |
| 281 | AES | 23.72 | The AES Corporation |
| 282 | TEAM | 23.74 | Atlassian Corporation |
| 283 | SNPS | 23.76 | Synopsys, Inc. |
| 284 | EVGO 🚀 📈 | 23.86 | EVgo Inc. |
| 285 | XP | 23.89 | XP Inc. |
| 286 | NEE | 23.96 | NextEra Energy, Inc. |
| 287 | KLAR 🚀 | 24.31 | Klarna Group plc |
| 288 | DDOG 🚀 | 24.49 | Datadog, Inc. |
| 289 | RIVN 🚀 📈 | 24.59 | Rivian Automotive, Inc. |
| 290 | TMO | 24.60 | Thermo Fisher Scientific Inc |
| 291 | CRCL 🚀 📈 | 24.76 | Circle Internet Group, Inc. |
| 292 | OWL | 24.80 | Blue Owl Capital Inc. |
| 293 | FLUT | 24.93 | Flutter Entertainment plc |
| 294 | YPF 📈 | 24.95 | YPF Sociedad Anonima |
| 295 | BLDR | 25.99 | Builders FirstSource, Inc. |
| 296 | BABA | 26.21 | Alibaba Group Holding Limited |
| 297 | DECK 🚀 | 26.64 | Deckers Outdoor Corporation |
| 298 | CRWV 🚀 📈 | 26.67 | CoreWeave, Inc. |
| 299 | TTD 🚀 | 26.74 | The Trade Desk, Inc. |
| 300 | CRDO 📈 | 27.10 | Credo Technology Group Holding |
| 301 | CHYM | 27.14 | Chime Financial, Inc. |
| 302 | APP 📈 | 27.29 | Applovin Corporation |
| 303 | B | 27.35 | Barrick Mining Corporation |
| 304 | TRU | 27.97 | TransUnion |
| 305 | UWMC | 28.11 | UWM Holdings Corporation |
| 306 | NIO 🚀 📈 | 28.16 | NIO Inc. |
| 307 | BIDU | 28.22 | Baidu, Inc. |
| 308 | TEM 📈 | 28.38 | Tempus AI, Inc. |
| 309 | ASML | 28.77 | ASML Holding N.V. - New York Re |
| 310 | VRT 🚀 📈 | 29.36 | Vertiv Holdings, LLC |
| 311 | BMNR 📈 | 29.65 | BitMine Immersion Technologies, |
| 312 | COIN 📈 | 29.77 | Coinbase Global, Inc. |
| 313 | RUN 🚀 📈 | 29.77 | Sunrun Inc. |
| 314 | DELL 🚀 | 30.08 | Dell Technologies Inc. |
| 315 | STX 📈 | 30.15 | Seagate Technology Holdings PLC |
| 316 | SN | 30.31 | SharkNinja, Inc. |
| 317 | SMR 📈 | 30.33 | NuScale Power Corporation |
| 318 | LRCX | 31.22 | Lam Research Corporation |
| 319 | Z | 31.39 | Zillow Group, Inc. |
| 320 | CART | 31.53 | Maplebear Inc. |
| 321 | AEO 🚀 📈 | 31.55 | American Eagle Outfitters, Inc. |
| 322 | MARA | 31.60 | MARA Holdings, Inc. |
| 323 | MU 📈 | 32.05 | Micron Technology, Inc. |
| 324 | SERV 🚀 📈 | 32.07 | Serve Robotics Inc. |
| 325 | CDE 📈 | 32.17 | Coeur Mining, Inc. |
| 326 | FIG 🚀 | 32.26 | Figma, Inc. |
| 327 | DOCU | 32.27 | DocuSign, Inc. |
| 328 | AFRM 📈 | 32.27 | Affirm Holdings, Inc. |
| 329 | RKT | 32.79 | Rocket Companies, Inc. |
| 330 | U 🚀 | 33.13 | Unity Software Inc. |
| 331 | SEDG 🚀 📈 | 33.81 | SolarEdge Technologies, Inc. |
| 332 | BB 🚀 📈 | 33.98 | BlackBerry Limited |
| 333 | HMY | 34.55 | Harmony Gold Mining Company Lim |
| 334 | SMCI 🚀 📈 | 34.81 | Super Micro Computer, Inc. |
| 335 | FCX | 35.20 | Freeport-McMoRan, Inc. |
| 336 | SOUN 🚀 📈 | 36.10 | SoundHound AI, Inc. |
| 337 | TER 🚀 | 37.68 | Teradyne, Inc. |
| 338 | BROS | 38.07 | Dutch Bros Inc. |
| 339 | HOOD 📈 | 38.17 | Robinhood Markets, Inc. |
| 340 | BTDR 🚀 📈 | 38.51 | Bitdeer Technologies Group |
| 341 | RIOT 🚀 📈 | 39.56 | Riot Platforms, Inc. |
| 342 | WDC 📈 | 39.66 | Western Digital Corporation |
Bollinger Bands are a technical analysis indicator developed by John Bollinger that helps traders gauge price volatility and identify potential overbought or oversold conditions. The indicator is made up of three lines plotted on a price chart. The middle band is typically a 20-period simple moving average (SMA) of the asset's price, representing its intermediate-term trend. The upper and lower bands are plotted a specified number of standard deviations (usually two) above and below the SMA. The key to understanding Bollinger Bands is their dynamic nature. The bands widen during periods of high volatility and contract during periods of low volatility, which is known as a "Bollinger Squeeze." Traders often see this contraction as a sign that a significant price move may be imminent. A common trading strategy involves using the bands to identify relative highs and lows. When the price of an asset reaches the upper band, it may be considered overbought, potentially signaling a selling opportunity. Conversely, when the price touches the lower band, it may be considered oversold, suggesting a potential buying opportunity. However, it's important to use Bollinger Bands in conjunction with other indicators for confirmation, as price can "walk the band" for extended periods during strong trends.