| Rank | Ticker | Contraction Value | Name |
|---|---|---|---|
| 1 | VZ | 2.95 | Verizon Communications Inc. |
| 2 | GM 🚀 | 3.02 | General Motors Company |
| 3 | ET | 3.55 | Energy Transfer LP |
| 4 | CRH | 3.61 | CRH PLC |
| 5 | WELL | 3.63 | Welltower Inc. |
| 6 | RF | 3.68 | Regions Financial Corporation |
| 7 | F | 3.81 | Ford Motor Company |
| 8 | CAH | 3.96 | Cardinal Health, Inc. |
| 9 | KIM | 4.06 | Kimco Realty Corporation (HC) |
| 10 | T | 4.39 | AT&T Inc. |
| 11 | MFG | 4.46 | Mizuho Financial Group, Inc. Sp |
| 12 | SPY | 4.47 | SPDR S&P 500 |
| 13 | MSFT | 4.49 | Microsoft Corporation |
| 14 | GPC | 4.50 | Genuine Parts Company |
| 15 | COST | 4.56 | Costco Wholesale Corporation |
| 16 | YUM | 4.58 | Yum! Brands, Inc. |
| 17 | CSCO | 4.63 | Cisco Systems, Inc. |
| 18 | COF | 4.72 | Capital One Financial Corporati |
| 19 | MMM | 4.78 | 3M Company |
| 20 | USB | 4.88 | U.S. Bancorp |
| 21 | PLD | 4.89 | Prologis, Inc. |
| 22 | SPG | 4.94 | Simon Property Group, Inc. |
| 23 | SYF | 5.00 | Synchrony Financial |
| 24 | DIS | 5.02 | Walt Disney Company (The) |
| 25 | MUFG | 5.09 | Mitsubishi UFJ Financial Group, |
| 26 | CF | 5.15 | CF Industries Holdings, Inc. |
| 27 | BP | 5.21 | BP p.l.c. |
| 28 | IWM | 5.25 | iShares Russell 2000 ETF |
| 29 | NTR | 5.26 | Nutrien Ltd. |
| 30 | ROST | 5.56 | Ross Stores, Inc. |
| 31 | ADM | 5.56 | Archer-Daniels-Midland Company |
| 32 | GILD | 5.59 | Gilead Sciences, Inc. |
| 33 | AMZN | 5.67 | Amazon.com, Inc. |
| 34 | XOM | 5.67 | Exxon Mobil Corporation |
| 35 | MO | 5.68 | Altria Group, Inc. |
| 36 | TMO | 5.75 | Thermo Fisher Scientific Inc |
| 37 | HD | 5.79 | Home Depot, Inc. (The) |
| 38 | V | 5.82 | Visa Inc. |
| 39 | D | 5.85 | Dominion Energy, Inc. |
| 40 | CSGP | 5.89 | CoStar Group, Inc. |
| 41 | APG | 5.92 | APi Group Corporation |
| 42 | BAC | 5.99 | Bank of America Corporation |
| 43 | FDX | 6.01 | FedEx Corporation |
| 44 | HAL | 6.04 | Halliburton Company |
| 45 | AEG | 6.06 | Aegon Ltd. New York Registry Sh |
| 46 | ADI | 6.08 | Analog Devices, Inc. |
| 47 | CCL | 6.12 | Carnival Corporation |
| 48 | EQNR | 6.17 | Equinor ASA |
| 49 | EXE | 6.20 | Expand Energy Corporation |
| 50 | OKTA 🚀 | 6.22 | Okta, Inc. |
| 51 | UAL 🚀 📈 | 6.24 | United Airlines Holdings, Inc. |
| 52 | OMC | 6.31 | Omnicom Group Inc. |
| 53 | OVV | 6.36 | Ovintiv Inc. (DE) |
| 54 | KR | 6.42 | Kroger Company (The) |
| 55 | QQQ | 6.59 | Invesco QQQ Trust, Series 1 |
| 56 | KMX | 6.61 | CarMax Inc |
| 57 | PM | 6.63 | Philip Morris International Inc |
| 58 | FI | 6.76 | Fiserv, Inc. |
| 59 | MCD | 6.77 | McDonald's Corporation |
| 60 | SIRI | 6.90 | SiriusXM Holdings Inc. |
| 61 | WFC | 7.01 | Wells Fargo & Company |
| 62 | SN | 7.12 | SharkNinja, Inc. |
| 63 | GPN | 7.15 | Global Payments Inc. |
| 64 | META | 7.18 | Meta Platforms, Inc. |
| 65 | TLT | 7.23 | iShares 20+ Year Treasury Bond |
| 66 | OXY | 7.37 | Occidental Petroleum Corporatio |
| 67 | ULTA | 7.48 | Ulta Beauty, Inc. |
| 68 | NDAQ | 7.56 | Nasdaq, Inc. |
| 69 | PYPL | 7.58 | PayPal Holdings, Inc. |
| 70 | FAS | 7.64 | Direxion Financial Bull 3X Shar |
| 71 | DRN | 7.66 | Direxion Daily Real Estate Bull |
| 72 | QCOM | 7.67 | QUALCOMM Incorporated |
| 73 | ADBE | 7.69 | Adobe Inc. |
| 74 | IBKR | 7.70 | Interactive Brokers Group, Inc. |
| 75 | DVN 🚀 | 7.74 | Devon Energy Corporation |
| 76 | DAL | 7.76 | Delta Air Lines, Inc. |
| 77 | PBR-A | 7.86 | Petroleo Brasileiro S.A. Petrob |
| 78 | TSCO | 7.94 | Tractor Supply Company |
| 79 | BAX | 8.04 | Baxter International Inc. |
| 80 | OWL | 8.04 | Blue Owl Capital Inc. |
| 81 | SWKS | 8.05 | Skyworks Solutions, Inc. |
| 82 | YUMC | 8.07 | Yum China Holdings, Inc. |
| 83 | ENPH | 8.09 | Enphase Energy, Inc. |
| 84 | SPOT | 8.17 | Spotify Technology S.A. |
| 85 | TWLO | 8.18 | Twilio Inc. |
| 86 | HON | 8.18 | Honeywell International Inc. |
| 87 | WDAY | 8.22 | Workday, Inc. |
| 88 | CRM | 8.28 | Salesforce, Inc. |
| 89 | TER 🚀 | 8.29 | Teradyne, Inc. |
| 90 | MNST | 8.29 | Monster Beverage Corporation |
| 91 | BKR | 8.39 | Baker Hughes Company |
| 92 | FCX | 8.41 | Freeport-McMoRan, Inc. |
| 93 | DT | 8.50 | Dynatrace, Inc. |
| 94 | MSFU | 8.51 | Direxion Daily MSFT Bull 2X Sha |
| 95 | AR | 8.52 | Antero Resources Corporation |
| 96 | PBR | 8.53 | Petroleo Brasileiro S.A. Petrob |
| 97 | ROKU | 8.54 | Roku, Inc. |
| 98 | JPM | 8.54 | JP Morgan Chase & Co. |
| 99 | JHX 🚀 | 8.56 | James Hardie Industries plc. |
| 100 | LYV | 8.61 | Live Nation Entertainment, Inc. |
| 101 | ERX | 8.62 | Direxion Energy Bull 2X Shares |
| 102 | AGNC | 8.66 | AGNC Investment Corp. |
| 103 | SCHW | 8.73 | Charles Schwab Corporation (The |
| 104 | NLY | 8.73 | Annaly Capital Management Inc. |
| 105 | TME | 8.73 | Tencent Music Entertainment Gro |
| 106 | AAPL | 8.81 | Apple Inc. |
| 107 | BBY | 8.82 | Best Buy Co., Inc. |
| 108 | UBER | 8.85 | Uber Technologies, Inc. |
| 109 | UAA | 8.89 | Under Armour, Inc. |
| 110 | EOG | 8.98 | EOG Resources, Inc. |
| 111 | QXO 📈 | 9.08 | QXO, Inc. |
| 112 | LUV | 9.08 | Southwest Airlines Company |
| 113 | BCS | 9.10 | Barclays PLC |
| 114 | CVNA 📈 | 9.16 | Carvana Co. |
| 115 | PINS | 9.16 | Pinterest, Inc. |
| 116 | TEAM | 9.23 | Atlassian Corporation |
| 117 | CNQ | 9.26 | Canadian Natural Resources Limi |
| 118 | TRU | 9.28 | TransUnion |
| 119 | PHM | 9.33 | PulteGroup, Inc. |
| 120 | NXT | 9.34 | Nextpower Inc. |
| 121 | CDNS | 9.56 | Cadence Design Systems, Inc. |
| 122 | LYG | 9.58 | Lloyds Banking Group Plc |
| 123 | SU | 9.65 | Suncor Energy Inc. |
| 124 | ABNB | 9.69 | Airbnb, Inc. |
| 125 | MCHP | 9.70 | Microchip Technology Incorporat |
| 126 | SE 🚀 | 9.75 | Sea Limited |
| 127 | CPB | 9.75 | The Campbell's Company |
| 128 | CX | 9.75 | Cemex, S.A.B. de C.V. Sponsored |
| 129 | EL | 9.78 | Estee Lauder Companies, Inc. (T |
| 130 | NCLH | 9.82 | Norwegian Cruise Line Holdings |
| 131 | DB | 9.89 | Deutsche Bank AG |
| 132 | ZM | 9.89 | Zoom Communications, Inc. |
| 133 | BBVA | 9.89 | Banco Bilbao Vizcaya Argentaria |
| 134 | SW | 9.90 | Smurfit WestRock plc |
| 135 | AA | 9.95 | Alcoa Corporation |
| 136 | ZTO | 9.99 | ZTO Express (Cayman) Inc. |
| 137 | PTEN | 10.06 | Patterson-UTI Energy, Inc. |
| 138 | ONON | 10.12 | On Holding AG |
| 139 | NVDA | 10.15 | NVIDIA Corporation |
| 140 | DJT 🚀 📈 | 10.17 | Trump Media & Technology Group |
| 141 | NEE | 10.25 | NextEra Energy, Inc. |
| 142 | TMUS | 10.28 | T-Mobile US, Inc. |
| 143 | AMC 🚀 📈 | 10.40 | AMC Entertainment Holdings, Inc |
| 144 | APTV | 10.40 | Aptiv PLC |
| 145 | ZBH | 10.43 | Zimmer Biomet Holdings, Inc. |
| 146 | LEN | 10.52 | Lennar Corporation |
| 147 | C | 10.52 | Citigroup, Inc. |
| 148 | CVE | 10.63 | Cenovus Energy Inc |
| 149 | VALE | 10.68 | VALE S.A. |
| 150 | ZS | 10.68 | Zscaler, Inc. |
| 151 | FSLR | 10.69 | First Solar, Inc. |
| 152 | IP | 10.70 | International Paper Company |
| 153 | AAL | 10.72 | American Airlines Group, Inc. |
| 154 | PR | 10.78 | Permian Resources Corporation |
| 155 | STM | 10.78 | STMicroelectronics N.V. |
| 156 | AMZU | 10.78 | Direxion Daily AMZN Bull 2X Sha |
| 157 | EXEL | 10.81 | Exelixis, Inc. |
| 158 | ON | 10.85 | ON Semiconductor Corporation |
| 159 | GUSH | 10.94 | Direxion Daily S&P Oil & Gas Ex |
| 160 | Z | 10.95 | Zillow Group, Inc. |
| 161 | MSTR 📈 | 10.95 | Strategy Inc |
| 162 | SBUX | 11.03 | Starbucks Corporation |
| 163 | YMM | 11.05 | Full Truck Alliance Co. Ltd. |
| 164 | SHOP 🚀 | 11.10 | Shopify Inc. |
| 165 | SJM | 11.26 | The J.M. Smucker Company |
| 166 | DG | 11.42 | Dollar General Corporation |
| 167 | CAVA | 11.44 | CAVA Group, Inc. |
| 168 | XYZ | 11.46 | Block, Inc. |
| 169 | PDD | 11.59 | PDD Holdings Inc. |
| 170 | BG | 11.61 | Bunge Limited |
| 171 | WYNN | 11.63 | Wynn Resorts, Limited |
| 172 | DHI | 11.73 | D.R. Horton, Inc. |
| 173 | DDOG 🚀 | 11.73 | Datadog, Inc. |
| 174 | KHC | 11.75 | The Kraft Heinz Company |
| 175 | KNX | 11.76 | Knight-Swift Transportation Hol |
| 176 | DASH | 11.83 | DoorDash, Inc. |
| 177 | SONY | 11.84 | Sony Group Corporation |
| 178 | AUR 📈 | 11.85 | Aurora Innovation, Inc. |
| 179 | EBAY | 11.86 | eBay Inc. |
| 180 | NNOX 🚀 📈 | 12.02 | NANO-X IMAGING LTD |
| 181 | NXPI | 12.08 | NXP Semiconductors N.V. |
| 182 | GEV 🚀 | 12.12 | GE Vernova Inc. |
| 183 | TAL 🚀 | 12.14 | TAL Education Group |
| 184 | WMT | 12.18 | Walmart Inc. |
| 185 | AMD | 12.24 | Advanced Micro Devices, Inc. |
| 186 | LVS | 12.25 | Las Vegas Sands Corp. |
| 187 | FERG | 12.25 | Ferguson Enterprises Inc. |
| 188 | LYB 🚀 | 12.49 | LyondellBasell Industries NV |
| 189 | RUN 🚀 📈 | 12.56 | Sunrun Inc. |
| 190 | UTSL | 12.60 | Direxion Daily Utilities Bull 3 |
| 191 | DECK 🚀 | 12.74 | Deckers Outdoor Corporation |
| 192 | DOCS | 12.74 | Doximity, Inc. |
| 193 | FANG | 12.75 | Diamondback Energy, Inc. |
| 194 | FUTU 📈 | 12.83 | Futu Holdings Limited |
| 195 | CART | 12.84 | Maplebear Inc. |
| 196 | NUE | 12.94 | Nucor Corporation |
| 197 | DELL | 12.94 | Dell Technologies Inc. |
| 198 | GS | 12.94 | Goldman Sachs Group, Inc. (The) |
| 199 | FLUT | 13.06 | Flutter Entertainment plc |
| 200 | ACN | 13.18 | Accenture plc |
| 201 | NKE 🚀 | 13.22 | Nike, Inc. |
| 202 | RIVN 🚀 | 13.37 | Rivian Automotive, Inc. |
| 203 | PTON 🚀 📈 | 13.47 | Peloton Interactive, Inc. |
| 204 | APA | 13.50 | APA Corporation |
| 205 | CCI | 13.56 | Crown Castle Inc. |
| 206 | VG 🚀 📈 | 13.59 | Venture Global, Inc. |
| 207 | NWG | 13.80 | NatWest Group plc |
| 208 | FFTY | 13.90 | Innovator IBD 50 ETF |
| 209 | VTRS | 13.96 | Viatris Inc. |
| 210 | BB 🚀 📈 | 14.04 | BlackBerry Limited |
| 211 | PANW | 14.14 | Palo Alto Networks, Inc. |
| 212 | HWM | 14.42 | Howmet Aerospace Inc. |
| 213 | VLO | 14.43 | Valero Energy Corporation |
| 214 | FLEX | 14.59 | Flex Ltd. |
| 215 | TGT | 14.66 | Target Corporation |
| 216 | BA | 14.70 | Boeing Company (The) |
| 217 | NOK 🚀 | 14.96 | Nokia Corporation Sponsored |
| 218 | FTI 🚀 | 15.35 | TechnipFMC plc |
| 219 | TNA | 15.39 | Direxion Small Cap Bull 3X Shar |
| 220 | RCL | 15.82 | Royal Caribbean Cruises Ltd. |
| 221 | BX | 15.86 | Blackstone Inc. |
| 222 | RBLX | 16.23 | Roblox Corporation |
| 223 | CMG | 16.27 | Chipotle Mexican Grill, Inc. |
| 224 | COIN 📈 | 16.32 | Coinbase Global, Inc. |
| 225 | TPR | 16.42 | Tapestry, Inc. |
| 226 | NEM | 16.43 | Newmont Corporation |
| 227 | WPM | 16.49 | Wheaton Precious Metals Corp |
| 228 | STLA | 16.50 | Stellantis N.V. |
| 229 | ZIM 🚀 📈 | 16.53 | ZIM Integrated Shipping Service |
| 230 | AAPU | 16.65 | Direxion Daily AAPL Bull 2X Sha |
| 231 | RETL | 16.68 | Direxion Daily Retail Bull 3X S |
| 232 | HPE | 16.84 | Hewlett Packard Enterprise Comp |
| 233 | ANET | 17.08 | Arista Networks, Inc. |
| 234 | DKNG | 17.32 | DraftKings Inc. |
| 235 | CELH 🚀 | 17.34 | Celsius Holdings, Inc. |
| 236 | CCJ | 17.38 | Cameco Corporation |
| 237 | NU | 17.46 | Nu Holdings Ltd. |
| 238 | APH | 17.54 | Amphenol Corporation |
| 239 | PAAS | 17.60 | Pan American Silver Corp. |
| 240 | LUNR 🚀 📈 | 17.65 | Intuitive Machines, Inc. |
| 241 | UPST 🚀 📈 | 17.96 | Upstart Holdings, Inc. |
| 242 | MGM | 18.00 | MGM Resorts International |
| 243 | LI | 18.05 | Li Auto Inc. |
| 244 | BITX 📈 | 18.11 | 2x Bitcoin Strategy ETF |
| 245 | BLDR | 18.14 | Builders FirstSource, Inc. |
| 246 | NET | 18.20 | Cloudflare, Inc. |
| 247 | AS | 18.39 | Amer Sports, Inc. |
| 248 | CLF 🚀 | 18.50 | Cleveland-Cliffs Inc. |
| 249 | SMCI 🚀 📈 | 18.51 | Super Micro Computer, Inc. |
| 250 | RIG | 18.51 | Transocean Ltd (Switzerland) |
| 251 | ALB | 18.61 | Albemarle Corporation |
| 252 | AEM | 18.76 | Agnico Eagle Mines Limited |
| 253 | TQQQ | 18.78 | ProShares UltraPro QQQ |
| 254 | NTAP | 18.91 | NetApp, Inc. |
| 255 | SOFI 📈 | 18.95 | SoFi Technologies, Inc. |
| 256 | EH | 18.98 | EHang Holdings Limited |
| 257 | COO | 18.99 | The Cooper Companies, Inc. |
| 258 | AI 🚀 | 19.10 | C3.ai, Inc. |
| 259 | BEKE | 19.12 | KE Holdings Inc |
| 260 | DOCU | 19.67 | DocuSign, Inc. |
| 261 | VST 📈 | 19.90 | Vistra Corp. |
| 262 | AGI | 19.95 | Alamos Gold Inc. |
| 263 | PLTR 🚀 📈 | 19.98 | Palantir Technologies Inc. |
| 264 | JD | 20.10 | JD.com, Inc. |
| 265 | VRT | 20.20 | Vertiv Holdings, LLC |
| 266 | ACHR 🚀 📈 | 20.47 | Archer Aviation Inc. |
| 267 | NVDL 🚀 📈 | 20.85 | GraniteShares 2x Long NVDA Dail |
| 268 | ARM 🚀 📈 | 21.34 | Arm Holdings plc |
| 269 | TMF | 21.75 | Direxion Daily 20-Yr Treasury B |
| 270 | TSM | 21.89 | Taiwan Semiconductor Manufactur |
| 271 | SNAP | 21.96 | Snap Inc. |
| 272 | NRG | 22.05 | NRG Energy, Inc. |
| 273 | RKLB 📈 | 22.47 | Rocket Lab Corporation |
| 274 | LMND 🚀 📈 | 22.67 | Lemonade, Inc. |
| 275 | XP | 22.69 | XP Inc. |
| 276 | AFRM | 22.71 | Affirm Holdings, Inc. |
| 277 | SYM 🚀 📈 | 22.75 | Symbotic Inc. |
| 278 | JOBY 📈 | 23.10 | Joby Aviation, Inc. |
| 279 | CHWY | 23.13 | Chewy, Inc. |
| 280 | TCOM | 23.15 | Trip.com Group Limited |
| 281 | MP 📈 | 23.16 | MP Materials Corp. |
| 282 | ENTG | 23.24 | Entegris, Inc. |
| 283 | XPEV 🚀 📈 | 23.29 | XPeng Inc. |
| 284 | KGC | 23.31 | Kinross Gold Corporation |
| 285 | MARA 🚀 | 23.65 | MARA Holdings, Inc. |
| 286 | CRWD | 23.69 | CrowdStrike Holdings, Inc. |
| 287 | ASX | 23.71 | ASE Technology Holding Co., Ltd |
| 288 | CHYM | 23.92 | Chime Financial, Inc. |
| 289 | SEDG 🚀 📈 | 23.93 | SolarEdge Technologies, Inc. |
| 290 | NAIL 🚀 | 24.07 | Direxion Daily Homebuilders & S |
| 291 | GME 🚀 📈 | 24.47 | GameStop Corporation |
| 292 | B | 24.63 | Barrick Mining Corporation |
| 293 | HMY | 24.78 | Harmony Gold Mining Company Lim |
| 294 | EVGO 🚀 📈 | 24.97 | EVgo Inc. |
| 295 | SNOW 🚀 | 24.97 | Snowflake Inc. |
| 296 | TEM 📈 | 25.35 | Tempus AI, Inc. |
| 297 | TIGR 🚀 📈 | 25.56 | UP Fintech Holding Limited |
| 298 | IOT 🚀 | 25.89 | Samsara Inc. |
| 299 | GLW | 26.40 | Corning Incorporated |
| 300 | U 🚀 | 26.45 | Unity Software Inc. |
| 301 | AMDL 🚀 📈 | 26.49 | GraniteShares 2x Long AMD Daily |
| 302 | DLTR | 26.55 | Dollar Tree, Inc. |
| 303 | MRVL 🚀 | 26.80 | Marvell Technology, Inc. |
| 304 | INTC 🚀 | 27.47 | Intel Corporation |
| 305 | HOOD 📈 | 27.99 | Robinhood Markets, Inc. |
| 306 | NTNX | 28.04 | Nutanix, Inc. |
| 307 | RKT | 28.08 | Rocket Companies, Inc. |
| 308 | COHR | 28.65 | Coherent Corp. |
| 309 | CPNG | 28.80 | Coupang, Inc. |
| 310 | CRCL 🚀 📈 | 28.88 | Circle Internet Group, Inc. |
| 311 | YINN 📈 | 29.10 | Direxion Daily FTSE China Bull |
| 312 | BBWI | 29.55 | Bath & Body Works, Inc. |
| 313 | NIO 🚀 📈 | 29.89 | NIO Inc. |
| 314 | GOOG | 30.12 | Alphabet Inc. |
| 315 | W 📈 | 30.27 | Wayfair Inc. |
| 316 | GOOGL | 30.46 | Alphabet Inc. |
| 317 | KTOS 📈 | 30.66 | Kratos Defense & Security Solut |
| 318 | AU | 30.74 | AngloGold Ashanti PLC |
| 319 | GFI | 30.85 | Gold Fields Limited |
| 320 | CONL 🚀 📈 | 30.87 | GraniteShares 2x Long COIN Dail |
| 321 | ASML | 30.90 | ASML Holding N.V. - New York Re |
| 322 | SMR 📈 | 31.21 | NuScale Power Corporation |
| 323 | UWMC | 31.64 | UWM Holdings Corporation |
| 324 | CORZ 📈 | 31.78 | Core Scientific, Inc. |
| 325 | YPF | 32.08 | YPF Sociedad Anonima |
| 326 | BROS | 32.58 | Dutch Bros Inc. |
| 327 | TTD | 33.09 | The Trade Desk, Inc. |
| 328 | SOXL 🚀 📈 | 33.30 | Direxion Daily Semiconductor Bu |
| 329 | AVGO | 33.91 | Broadcom Inc. |
| 330 | RDDT 🚀 📈 | 34.02 | Reddit, Inc. |
| 331 | RBRK 🚀 📈 | 34.61 | Rubrik, Inc. |
| 332 | WULF 🚀 📈 | 34.83 | TeraWulf Inc. |
| 333 | LRCX | 36.16 | Lam Research Corporation |
| 334 | SOUN 🚀 📈 | 37.06 | SoundHound AI, Inc. |
| 335 | TSLA 📈 | 38.07 | Tesla, Inc. |
| 336 | PLTU 🚀 📈 | 38.49 | Direxion Daily PLTR Bull 2X Sha |
| 337 | TECK | 38.56 | Teck Resources Ltd |
| 338 | PSKY 🚀 | 38.73 | Paramount Skydance Corporation |
| 339 | HIMS 📈 | 39.98 | Hims & Hers Health, 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.