| Rank | Ticker | Contraction Value | Name |
|---|---|---|---|
| 1 | VZ | 2.85 | Verizon Communications Inc. |
| 2 | WMT | 3.31 | Walmart Inc. |
| 3 | SPY | 3.54 | State Street SPDR S&P 500 ETF T |
| 4 | CSCO | 3.61 | Cisco Systems, Inc. |
| 5 | HON | 4.02 | Honeywell International Inc. |
| 6 | GPC | 4.11 | Genuine Parts Company |
| 7 | CCI | 4.21 | Crown Castle Inc. |
| 8 | ADI | 4.27 | Analog Devices, Inc. |
| 9 | V | 4.52 | Visa Inc. |
| 10 | IWM | 4.58 | iShares Russell 2000 ETF |
| 11 | MCD | 4.63 | McDonald's Corporation |
| 12 | BBVA | 4.71 | Banco Bilbao Vizcaya Argentaria |
| 13 | MO | 4.75 | Altria Group, Inc. |
| 14 | MUFG | 4.83 | Mitsubishi UFJ Financial Group, |
| 15 | IP | 4.90 | International Paper Company |
| 16 | RF | 4.99 | Regions Financial Corporation |
| 17 | PLD | 5.02 | Prologis, Inc. |
| 18 | SPG | 5.12 | Simon Property Group, Inc. |
| 19 | ET | 5.17 | Energy Transfer LP |
| 20 | MCHP 📈 | 5.17 | Microchip Technology Incorporat |
| 21 | MMM | 5.19 | 3M Company |
| 22 | MSFT | 5.20 | Microsoft Corporation |
| 23 | BCS | 5.21 | Barclays PLC |
| 24 | NXPI | 5.43 | NXP Semiconductors N.V. |
| 25 | QQQ | 5.49 | Invesco QQQ Trust, Series 1 |
| 26 | BP | 5.58 | BP p.l.c. |
| 27 | ABNB | 5.58 | Airbnb, Inc. |
| 28 | USB | 5.60 | U.S. Bancorp |
| 29 | KHC | 5.69 | The Kraft Heinz Company |
| 30 | ZTO | 5.70 | ZTO Express (Cayman) Inc. |
| 31 | LYG | 5.71 | Lloyds Banking Group Plc |
| 32 | APG | 5.75 | APi Group Corporation |
| 33 | TMUS | 5.86 | T-Mobile US, Inc. |
| 34 | GPN 🚀 | 5.91 | Global Payments Inc. |
| 35 | PYPL | 5.91 | PayPal Holdings, Inc. |
| 36 | KR | 6.00 | Kroger Company (The) |
| 37 | D | 6.00 | Dominion Energy, Inc. |
| 38 | SCHW | 6.05 | Charles Schwab Corporation (The |
| 39 | MFG | 6.09 | Mizuho Financial Group, Inc. Sp |
| 40 | ADM | 6.15 | Archer-Daniels-Midland Company |
| 41 | SBUX | 6.20 | Starbucks Corporation |
| 42 | XOM | 6.30 | Exxon Mobil Corporation |
| 43 | TGT | 6.30 | Target Corporation |
| 44 | BAC | 6.58 | Bank of America Corporation |
| 45 | DIS | 6.59 | Walt Disney Company (The) |
| 46 | OKTA 🚀 | 6.60 | Okta, Inc. |
| 47 | DT | 6.62 | Dynatrace, Inc. |
| 48 | FLEX | 6.69 | Flex Ltd. |
| 49 | YUM | 6.74 | Yum! Brands, Inc. |
| 50 | FTI 🚀 | 6.78 | TechnipFMC plc |
| 51 | KIM | 6.79 | Kimco Realty Corporation (HC) |
| 52 | SU | 6.83 | Suncor Energy Inc. |
| 53 | CPNG 🚀 | 6.87 | Coupang, Inc. |
| 54 | EBAY | 6.89 | eBay Inc. |
| 55 | SONY | 6.89 | Sony Group Corporation |
| 56 | VALE | 6.90 | VALE S.A. |
| 57 | GILD | 6.98 | Gilead Sciences, Inc. |
| 58 | EL | 6.99 | Estee Lauder Companies, Inc. (T |
| 59 | YUMC | 7.09 | Yum China Holdings, Inc. |
| 60 | HPE | 7.14 | Hewlett Packard Enterprise Comp |
| 61 | CMG | 7.24 | Chipotle Mexican Grill, Inc. |
| 62 | DJT 🚀 📈 | 7.34 | Trump Media & Technology Group |
| 63 | ZM | 7.34 | Zoom Communications, Inc. |
| 64 | ASX | 7.35 | ASE Technology Holding Co., Ltd |
| 65 | CRM | 7.35 | Salesforce, Inc. |
| 66 | AEG | 7.40 | Aegon Ltd. New York Registry Sh |
| 67 | EQNR | 7.48 | Equinor ASA |
| 68 | DB | 7.49 | Deutsche Bank AG |
| 69 | NET | 7.56 | Cloudflare, Inc. |
| 70 | NTR | 7.59 | Nutrien Ltd. |
| 71 | LUV 🚀 | 7.60 | Southwest Airlines Company |
| 72 | ADBE | 7.63 | Adobe Inc. |
| 73 | PM | 7.73 | Philip Morris International Inc |
| 74 | UBER | 7.84 | Uber Technologies, Inc. |
| 75 | PANW | 7.90 | Palo Alto Networks, Inc. |
| 76 | LVS | 7.91 | Las Vegas Sands Corp. |
| 77 | OMC 🚀 | 7.92 | Omnicom Group Inc. |
| 78 | PBR-A | 7.93 | Petroleo Brasileiro S.A. Petrob |
| 79 | GM 🚀 | 7.93 | General Motors Company |
| 80 | JPM | 8.03 | JP Morgan Chase & Co. |
| 81 | EC | 8.07 | Ecopetrol S.A. |
| 82 | MGM | 8.11 | MGM Resorts International |
| 83 | ROST | 8.23 | Ross Stores, Inc. |
| 84 | GS | 8.27 | Goldman Sachs Group, Inc. (The) |
| 85 | AGNC | 8.27 | AGNC Investment Corp. |
| 86 | PTEN | 8.30 | Patterson-UTI Energy, Inc. |
| 87 | WPM | 8.30 | Wheaton Precious Metals Corp |
| 88 | NTAP | 8.31 | NetApp, Inc. |
| 89 | SJM | 8.33 | The J.M. Smucker Company |
| 90 | COO | 8.36 | The Cooper Companies, Inc. |
| 91 | NTNX | 8.38 | Nutanix, Inc. |
| 92 | PCAR | 8.40 | PACCAR Inc. |
| 93 | XYZ | 8.48 | Block, Inc. |
| 94 | NWG | 8.52 | NatWest Group plc |
| 95 | SPOT 🚀 | 8.58 | Spotify Technology S.A. |
| 96 | HD | 8.62 | Home Depot, Inc. (The) |
| 97 | NU | 8.63 | Nu Holdings Ltd. |
| 98 | YMM | 8.64 | Full Truck Alliance Co. Ltd. |
| 99 | ZBH | 8.69 | Zimmer Biomet Holdings, Inc. |
| 100 | CAH | 8.70 | Cardinal Health, Inc. |
| 101 | COST | 8.72 | Costco Wholesale Corporation |
| 102 | DG | 8.75 | Dollar General Corporation |
| 103 | MDB 🚀 | 8.76 | MongoDB, Inc. |
| 104 | UAA | 8.79 | Under Armour, Inc. |
| 105 | DVN 🚀 | 8.83 | Devon Energy Corporation |
| 106 | GOOGL | 8.85 | Alphabet Inc. |
| 107 | GOOG | 8.87 | Alphabet Inc. |
| 108 | APTV | 8.88 | Aptiv PLC |
| 109 | TWLO | 8.89 | Twilio Inc. |
| 110 | COF | 8.89 | Capital One Financial Corporati |
| 111 | DASH | 8.91 | DoorDash, Inc. |
| 112 | CNQ | 8.92 | Canadian Natural Resources Limi |
| 113 | W 📈 | 8.95 | Wayfair Inc. |
| 114 | ON | 9.09 | ON Semiconductor Corporation |
| 115 | BHP | 9.10 | BHP Group Limited |
| 116 | ACN | 9.10 | Accenture plc |
| 117 | CSGP | 9.18 | CoStar Group, Inc. |
| 118 | WFC | 9.24 | Wells Fargo & Company |
| 119 | FI | 9.30 | Fiserv, Inc. |
| 120 | OXY | 9.33 | Occidental Petroleum Corporatio |
| 121 | CLS 🚀 📈 | 9.36 | Celestica, Inc. |
| 122 | AMD | 9.36 | Advanced Micro Devices, Inc. |
| 123 | PBR | 9.38 | Petroleo Brasileiro S.A. Petrob |
| 124 | GEV 🚀 | 9.44 | GE Vernova Inc. |
| 125 | MNST | 9.49 | Monster Beverage Corporation |
| 126 | CX | 9.50 | Cemex, S.A.B. de C.V. Sponsored |
| 127 | BBY | 9.50 | Best Buy Co., Inc. |
| 128 | SIRI | 9.54 | SiriusXM Holdings Inc. |
| 129 | TCOM | 9.61 | Trip.com Group Limited |
| 130 | BA | 9.68 | Boeing Company (The) |
| 131 | C | 9.73 | Citigroup, Inc. |
| 132 | NOK 🚀 | 9.74 | Nokia Corporation Sponsored |
| 133 | PHM | 9.75 | PulteGroup, Inc. |
| 134 | OVV | 9.77 | Ovintiv Inc. (DE) |
| 135 | ANET | 9.78 | Arista Networks, Inc. |
| 136 | SNOW | 9.90 | Snowflake Inc. |
| 137 | M 🚀 | 9.91 | Macy's Inc |
| 138 | NKE 🚀 | 9.94 | Nike, Inc. |
| 139 | DOCS | 9.99 | Doximity, Inc. |
| 140 | HWM | 10.04 | Howmet Aerospace Inc. |
| 141 | TAL | 10.07 | TAL Education Group |
| 142 | QCOM | 10.08 | QUALCOMM Incorporated |
| 143 | BG | 10.12 | Bunge Limited |
| 144 | MOS | 10.15 | Mosaic Company (The) |
| 145 | WELL | 10.17 | Welltower Inc. |
| 146 | AR | 10.22 | Antero Resources Corporation |
| 147 | F | 10.33 | Ford Motor Company |
| 148 | NUE | 10.37 | Nucor Corporation |
| 149 | FDX | 10.40 | FedEx Corporation |
| 150 | BEKE | 10.42 | KE Holdings Inc |
| 151 | META | 10.48 | Meta Platforms, Inc. |
| 152 | SE 🚀 | 10.56 | Sea Limited |
| 153 | PDD | 10.57 | PDD Holdings Inc. |
| 154 | FERG | 10.64 | Ferguson Enterprises Inc. |
| 155 | FANG | 10.70 | Diamondback Energy, Inc. |
| 156 | CDNS | 10.71 | Cadence Design Systems, Inc. |
| 157 | CAVA | 10.78 | CAVA Group, Inc. |
| 158 | TSCO | 10.86 | Tractor Supply Company |
| 159 | CVE | 10.86 | Cenovus Energy Inc |
| 160 | EOG | 10.99 | EOG Resources, Inc. |
| 161 | IOT 🚀 | 11.05 | Samsara Inc. |
| 162 | EXEL | 11.14 | Exelixis, Inc. |
| 163 | DAL | 11.15 | Delta Air Lines, Inc. |
| 164 | NCLH | 11.15 | Norwegian Cruise Line Holdings |
| 165 | SYF | 11.16 | Synchrony Financial |
| 166 | CPB | 11.17 | The Campbell's Company |
| 167 | AMZN | 11.20 | Amazon.com, Inc. |
| 168 | CRH | 11.27 | CRH PLC |
| 169 | T | 11.30 | AT&T Inc. |
| 170 | JD | 11.32 | JD.com, Inc. |
| 171 | APH | 11.42 | Amphenol Corporation |
| 172 | RBLX 📈 | 11.48 | Roblox Corporation |
| 173 | ROKU | 11.54 | Roku, Inc. |
| 174 | JHX 🚀 | 11.66 | James Hardie Industries plc. |
| 175 | ULTA | 11.66 | Ulta Beauty, Inc. |
| 176 | DLTR | 11.94 | Dollar Tree, Inc. |
| 177 | ENPH 🚀 | 12.11 | Enphase Energy, Inc. |
| 178 | ZS | 12.21 | Zscaler, Inc. |
| 179 | CF 🚀 | 12.22 | CF Industries Holdings, Inc. |
| 180 | NLY | 12.26 | Annaly Capital Management Inc. |
| 181 | WYNN | 12.28 | Wynn Resorts, Limited |
| 182 | DHI | 12.43 | D.R. Horton, Inc. |
| 183 | SW | 12.44 | Smurfit WestRock plc |
| 184 | CVNA 📈 | 12.46 | Carvana Co. |
| 185 | VTRS | 12.48 | Viatris Inc. |
| 186 | RCL | 12.58 | Royal Caribbean Cruises Ltd. |
| 187 | ONON | 12.87 | On Holding AG |
| 188 | NVDA | 12.88 | NVIDIA Corporation |
| 189 | LI | 12.93 | Li Auto Inc. |
| 190 | LYV | 12.98 | Live Nation Entertainment, Inc. |
| 191 | BKR | 12.99 | Baker Hughes Company |
| 192 | NNOX 🚀 | 13.06 | NANO-X IMAGING LTD |
| 193 | NRG | 13.22 | NRG Energy, Inc. |
| 194 | VG 🚀 📈 | 13.36 | Venture Global, Inc. |
| 195 | AGI | 13.39 | Alamos Gold Inc. |
| 196 | TPR 🚀 | 13.47 | Tapestry, Inc. |
| 197 | AA | 13.49 | Alcoa Corporation |
| 198 | BAX | 13.54 | Baxter International Inc. |
| 199 | SHOP 🚀 | 13.63 | Shopify Inc. |
| 200 | KNX | 13.66 | Knight-Swift Transportation Hol |
| 201 | PSTG 🚀 | 13.68 | Everpure, Inc. |
| 202 | WDAY | 13.81 | Workday, Inc. |
| 203 | AMC 🚀 📈 | 13.81 | AMC Entertainment Holdings, Inc |
| 204 | AVGO | 13.93 | Broadcom Inc. |
| 205 | VST 📈 | 13.99 | Vistra Corp. |
| 206 | PR | 14.14 | Permian Resources Corporation |
| 207 | NDAQ | 14.16 | Nasdaq, Inc. |
| 208 | SWKS | 14.28 | Skyworks Solutions, Inc. |
| 209 | AS | 14.38 | Amer Sports, Inc. |
| 210 | VLO 🚀 | 14.49 | Valero Energy Corporation |
| 211 | PAAS | 14.57 | Pan American Silver Corp. |
| 212 | APA | 14.71 | APA Corporation |
| 213 | BBWI | 14.82 | Bath & Body Works, Inc. |
| 214 | XP | 15.00 | XP Inc. |
| 215 | FUTU 📈 | 15.04 | Futu Holdings Limited |
| 216 | CCL | 15.06 | Carnival Corporation |
| 217 | CCJ | 15.12 | Cameco Corporation |
| 218 | BX | 15.32 | Blackstone Inc. |
| 219 | LITE 🚀 📈 | 15.50 | Lumentum Holdings Inc. |
| 220 | MSTR 📈 | 15.51 | Strategy Inc |
| 221 | STM | 15.64 | STMicroelectronics N.V. |
| 222 | ZIM 🚀 📈 | 16.04 | ZIM Integrated Shipping Service |
| 223 | DDOG 🚀 | 16.04 | Datadog, Inc. |
| 224 | ARM 🚀 📈 | 16.19 | Arm Holdings plc |
| 225 | AEM | 16.22 | Agnico Eagle Mines Limited |
| 226 | GLW | 16.25 | Corning Incorporated |
| 227 | KGC | 16.55 | Kinross Gold Corporation |
| 228 | SRE | 16.72 | DBA Sempra |
| 229 | UWMC | 16.92 | UWM Holdings Corporation |
| 230 | COHR | 17.07 | Coherent Corp. |
| 231 | NEM | 17.29 | Newmont Corporation |
| 232 | AAPL | 17.33 | Apple Inc. |
| 233 | NEE | 17.37 | NextEra Energy, Inc. |
| 234 | CELH | 17.40 | Celsius Holdings, Inc. |
| 235 | TME | 17.61 | Tencent Music Entertainment Gro |
| 236 | RIG | 17.69 | Transocean Ltd (Switzerland) |
| 237 | FIG 🚀 | 17.82 | Figma, Inc. |
| 238 | LEN | 17.97 | Lennar Corporation |
| 239 | FSLR | 18.03 | First Solar, Inc. |
| 240 | IBKR | 18.04 | Interactive Brokers Group, Inc. |
| 241 | LYB 🚀 | 18.25 | LyondellBasell Industries NV |
| 242 | PTON 📈 | 18.28 | Peloton Interactive, Inc. |
| 243 | IBM | 18.36 | International Business Machines |
| 244 | TSM | 18.68 | Taiwan Semiconductor Manufactur |
| 245 | TMO | 18.76 | Thermo Fisher Scientific Inc |
| 246 | PLTR 📈 | 18.84 | Palantir Technologies Inc. |
| 247 | DHR | 18.88 | Danaher Corporation |
| 248 | AU | 18.89 | AngloGold Ashanti PLC |
| 249 | GME 🚀 📈 | 18.94 | GameStop Corporation |
| 250 | CLF 🚀 | 19.05 | Cleveland-Cliffs Inc. |
| 251 | UAL 🚀 📈 | 19.07 | United Airlines Holdings, Inc. |
| 252 | AUR 📈 | 19.07 | Aurora Innovation, Inc. |
| 253 | XEL | 19.19 | Xcel Energy Inc. |
| 254 | FLUT | 19.20 | Flutter Entertainment plc |
| 255 | RKT | 19.30 | Rocket Companies, Inc. |
| 256 | GFS | 19.46 | GlobalFoundries Inc. |
| 257 | EXE | 19.67 | Expand Energy Corporation |
| 258 | STLA | 19.83 | Stellantis N.V. |
| 259 | CHWY | 19.95 | Chewy, Inc. |
| 260 | SOFI 📈 | 20.18 | SoFi Technologies, Inc. |
| 261 | XPEV 🚀 📈 | 20.76 | XPeng Inc. |
| 262 | AAL | 20.93 | American Airlines Group, Inc. |
| 263 | QXO 📈 | 20.95 | QXO, Inc. |
| 264 | TEM 📈 | 21.10 | Tempus AI, Inc. |
| 265 | PINS 🚀 | 21.24 | Pinterest, Inc. |
| 266 | TEAM | 21.42 | Atlassian Corporation |
| 267 | OWL | 21.48 | Blue Owl Capital Inc. |
| 268 | AES | 21.49 | The AES Corporation |
| 269 | SN | 21.53 | SharkNinja, Inc. |
| 270 | RIVN 🚀 📈 | 21.55 | Rivian Automotive, Inc. |
| 271 | HAL | 21.63 | Halliburton Company |
| 272 | WULF 🚀 📈 | 21.98 | TeraWulf Inc. |
| 273 | AI 🚀 | 22.12 | C3.ai, Inc. |
| 274 | LMND 🚀 📈 | 22.30 | Lemonade, Inc. |
| 275 | TIGR 🚀 📈 | 22.40 | UP Fintech Holding Limited |
| 276 | NXT 📈 | 22.41 | Nextpower Inc. |
| 277 | TECK | 22.42 | Teck Resources Ltd |
| 278 | TTD 🚀 | 22.49 | The Trade Desk, Inc. |
| 279 | ALB 📈 | 22.54 | Albemarle Corporation |
| 280 | AEO 🚀 📈 | 22.68 | American Eagle Outfitters, Inc. |
| 281 | GFI | 22.73 | Gold Fields Limited |
| 282 | DECK 🚀 | 23.21 | Deckers Outdoor Corporation |
| 283 | DELL 🚀 | 23.41 | Dell Technologies Inc. |
| 284 | COIN 📈 | 23.65 | Coinbase Global, Inc. |
| 285 | RKLB 📈 | 23.99 | Rocket Lab Corporation |
| 286 | RUN 🚀 📈 | 24.06 | Sunrun Inc. |
| 287 | ENTG | 24.20 | Entegris, Inc. |
| 288 | TRU | 24.48 | TransUnion |
| 289 | YPF 📈 | 24.64 | YPF Sociedad Anonima |
| 290 | EH | 24.67 | EHang Holdings Limited |
| 291 | CRWD | 24.83 | CrowdStrike Holdings, Inc. |
| 292 | U 🚀 | 24.83 | Unity Software Inc. |
| 293 | SNAP | 25.30 | Snap Inc. |
| 294 | CRDO 📈 | 25.32 | Credo Technology Group Holding |
| 295 | GRAB | 25.34 | Grab Holdings Limited |
| 296 | CIEN 📈 | 25.38 | Ciena Corporation |
| 297 | MP 📈 | 25.62 | MP Materials Corp. |
| 298 | HIMS 🚀 📈 | 26.18 | Hims & Hers Health, Inc. |
| 299 | CORZ 📈 | 26.24 | Core Scientific, Inc. |
| 300 | SMCI 🚀 📈 | 26.59 | Super Micro Computer, Inc. |
| 301 | CHYM | 27.09 | Chime Financial, Inc. |
| 302 | Z | 27.27 | Zillow Group, Inc. |
| 303 | DOCU | 27.66 | DocuSign, Inc. |
| 304 | MARA | 28.45 | MARA Holdings, Inc. |
| 305 | CRCL 🚀 📈 | 29.73 | Circle Internet Group, Inc. |
| 306 | CNM | 29.99 | Core & Main, Inc. |
| 307 | VRT 🚀 📈 | 30.01 | Vertiv Holdings, LLC |
| 308 | RBRK 🚀 📈 | 30.20 | Rubrik, Inc. |
| 309 | AFRM 📈 | 30.45 | Affirm Holdings, Inc. |
| 310 | B | 30.53 | Barrick Mining Corporation |
| 311 | BLDR | 31.04 | Builders FirstSource, Inc. |
| 312 | PSKY 🚀 | 31.09 | Paramount Skydance Corporation |
| 313 | CART | 31.13 | Maplebear Inc. |
| 314 | ORCL 🚀 | 31.24 | Oracle Corporation |
| 315 | SERV 🚀 📈 | 31.51 | Serve Robotics Inc. |
| 316 | ACHR 📈 | 32.37 | Archer Aviation Inc. |
| 317 | EVGO 🚀 📈 | 32.56 | EVgo Inc. |
| 318 | SOUN 🚀 📈 | 33.20 | SoundHound AI, Inc. |
| 319 | APP 📈 | 33.38 | Applovin Corporation |
| 320 | TSLA 📈 | 33.55 | Tesla, Inc. |
| 321 | BABA | 33.59 | Alibaba Group Holding Limited |
| 322 | DKNG | 33.77 | DraftKings Inc. |
| 323 | HOOD 📈 | 34.10 | Robinhood Markets, Inc. |
| 324 | ASML | 34.38 | ASML Holding N.V. - New York Re |
| 325 | SMR 📈 | 34.49 | NuScale Power Corporation |
| 326 | RDDT 🚀 📈 | 35.61 | Reddit, Inc. |
| 327 | NIO 🚀 📈 | 35.82 | NIO Inc. |
| 328 | MU 📈 | 36.05 | Micron Technology, Inc. |
| 329 | RIOT 🚀 📈 | 36.12 | Riot Platforms, Inc. |
| 330 | CDE 📈 | 36.30 | Coeur Mining, Inc. |
| 331 | TER 🚀 | 36.53 | Teradyne, Inc. |
| 332 | FCX | 36.63 | Freeport-McMoRan, Inc. |
| 333 | SYM 🚀 📈 | 36.66 | Symbotic Inc. |
| 334 | HMY | 36.73 | Harmony Gold Mining Company Lim |
| 335 | BIDU | 37.18 | Baidu, Inc. |
| 336 | BROS | 37.18 | Dutch Bros Inc. |
| 337 | STX 📈 | 37.30 | Seagate Technology Holdings PLC |
| 338 | LRCX | 38.47 | Lam Research Corporation |
| 339 | LUNR 🚀 📈 | 38.49 | Intuitive Machines, Inc. |
| 340 | BB 🚀 📈 | 38.71 | BlackBerry Limited |
| 341 | JOBY 📈 | 38.75 | Joby Aviation, Inc. |
| 342 | CRWV 🚀 📈 | 39.06 | CoreWeave, Inc. |
| 343 | RCAT 🚀 📈 | 39.94 | Red Cat Holdings, Inc. |
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.