| Rank | Ticker | Contraction Value | Name |
|---|---|---|---|
| 1 | CSCO | 3.60 | Cisco Systems, Inc. |
| 2 | SPY | 3.73 | SPDR S&P 500 |
| 3 | QQQ | 4.10 | Invesco QQQ Trust, Series 1 |
| 4 | V | 4.28 | Visa Inc. |
| 5 | IBN | 4.51 | None |
| 6 | DIS | 4.75 | Walt Disney Company (The) |
| 7 | TLT | 4.80 | iShares 20+ Year Treasury Bond |
| 8 | MSFT | 4.88 | Microsoft Corporation |
| 9 | SPG | 4.91 | Simon Property Group, Inc. |
| 10 | NTAP | 4.91 | NetApp, Inc. |
| 11 | AGNC | 5.07 | AGNC Investment Corp. |
| 12 | PAA | 5.10 | None |
| 13 | FERG | 5.11 | Ferguson Enterprises Inc. |
| 14 | CRBG | 5.11 | None |
| 15 | NDAQ | 5.13 | Nasdaq, Inc. |
| 16 | KR | 5.15 | Kroger Company (The) |
| 17 | GS | 5.21 | Goldman Sachs Group, Inc. (The) |
| 18 | MCD | 5.35 | McDonald's Corporation |
| 19 | JPM | 5.38 | JP Morgan Chase & Co. |
| 20 | YUM | 5.42 | Yum! Brands, Inc. |
| 21 | WMT | 5.64 | WALMART INC |
| 22 | IWM | 5.70 | iShares Russell 2000 ETF |
| 23 | DASH | 5.76 | DoorDash, Inc. |
| 24 | META | 5.76 | Meta Platforms, Inc. |
| 25 | COF | 6.01 | Capital One Financial Corporati |
| 26 | SBUX | 6.12 | Starbucks Corporation |
| 27 | AEG | 6.29 | Aegon Ltd. New York Registry Sh |
| 28 | CNQ | 6.36 | Canadian Natural Resources Limi |
| 29 | ET | 6.44 | Energy Transfer LP |
| 30 | B | 6.56 | Barrick Mining Corporation |
| 31 | ABNB | 6.58 | Airbnb, Inc. |
| 32 | AMZN | 6.69 | Amazon.com, Inc. |
| 33 | QCOM | 6.70 | QUALCOMM Incorporated |
| 34 | EXEL | 6.77 | Exelixis, Inc. |
| 35 | FANG | 6.78 | Diamondback Energy, Inc. |
| 36 | BAC | 6.86 | Bank of America Corporation |
| 37 | LRCX | 6.90 | Lam Research Corporation |
| 38 | EOG | 7.00 | EOG Resources, Inc. |
| 39 | CPNG | 7.11 | Coupang, Inc. |
| 40 | MMM | 7.15 | 3M Company |
| 41 | CELH 🚀 | 7.17 | Celsius Holdings, Inc. |
| 42 | HLT | 7.18 | None |
| 43 | AAPL | 7.27 | Apple Inc. |
| 44 | AS | 7.33 | Amer Sports, Inc. |
| 45 | EC | 7.37 | Ecopetrol S.A. |
| 46 | QXO 📈 | 7.41 | QXO, Inc. |
| 47 | DELL | 7.43 | Dell Technologies Inc. |
| 48 | DOCS | 7.53 | Doximity, Inc. |
| 49 | HON | 7.59 | Honeywell International Inc. |
| 50 | WFC | 7.63 | Wells Fargo & Company |
| 51 | ADM | 7.69 | Archer-Daniels-Midland Company |
| 52 | LYV | 7.85 | Live Nation Entertainment, Inc. |
| 53 | COST | 7.87 | Costco Wholesale Corporation |
| 54 | USB | 7.88 | U.S. Bancorp |
| 55 | GME 🚀 📈 | 7.99 | GameStop Corporation |
| 56 | EQNR | 8.01 | Equinor ASA |
| 57 | NTR | 8.09 | Nutrien Ltd. |
| 58 | APTV | 8.10 | Aptiv PLC |
| 59 | SU | 8.16 | Suncor Energy Inc. |
| 60 | PSTG 🚀 | 8.17 | Pure Storage, Inc. |
| 61 | PBR-A | 8.22 | Petroleo Brasileiro S.A. Petrob |
| 62 | FFTY | 8.23 | Innovator IBD 50 ETF |
| 63 | COP | 8.24 | None |
| 64 | CAH | 8.27 | Cardinal Health, Inc. |
| 65 | AMX | 8.38 | None |
| 66 | COO | 8.43 | The Cooper Companies, Inc. |
| 67 | ROKU | 8.45 | Roku, Inc. |
| 68 | PYPL | 8.45 | PayPal Holdings, Inc. |
| 69 | VZ | 8.50 | Verizon Communications Inc. |
| 70 | CRM | 8.57 | Salesforce, Inc. |
| 71 | CDNS | 8.63 | Cadence Design Systems, Inc. |
| 72 | FTNT | 8.67 | None |
| 73 | XOM | 8.68 | Exxon Mobil Corporation |
| 74 | CVE | 8.75 | Cenovus Energy Inc |
| 75 | FCX | 8.75 | Freeport-McMoRan, Inc. |
| 76 | NWG | 8.78 | NatWest Group plc |
| 77 | ROST | 8.81 | Ross Stores, Inc. |
| 78 | NXPI | 8.82 | NXP Semiconductors N.V. |
| 79 | VRT | 8.84 | Vertiv Holdings, LLC |
| 80 | GLW | 8.84 | Corning Incorporated |
| 81 | SNOW 🚀 | 8.90 | Snowflake Inc. |
| 82 | APH | 8.92 | Amphenol Corporation |
| 83 | NLY | 8.92 | Annaly Capital Management Inc. |
| 84 | MSFU | 9.09 | Direxion Daily MSFT Bull 2X Sha |
| 85 | FAS | 9.09 | Direxion Financial Bull 3X Shar |
| 86 | DG | 9.17 | Dollar General Corporation |
| 87 | KGC | 9.19 | Kinross Gold Corporation |
| 88 | INTC 🚀 | 9.20 | Intel Corporation |
| 89 | GPN | 9.21 | Global Payments Inc. |
| 90 | PAAS | 9.34 | Pan American Silver Corp. |
| 91 | T | 9.37 | AT&T Inc. |
| 92 | HWM | 9.38 | Howmet Aerospace Inc. |
| 93 | FDX | 9.39 | FedEx Corporation |
| 94 | TER 🚀 | 9.39 | Teradyne, Inc. |
| 95 | ADBE | 9.39 | Adobe Inc. |
| 96 | MOS | 9.47 | Mosaic Company (The) |
| 97 | TRGP | 9.50 | None |
| 98 | AVGO | 9.52 | Broadcom Inc. |
| 99 | ZIM 🚀 📈 | 9.52 | ZIM Integrated Shipping Service |
| 100 | AGI | 9.55 | Alamos Gold Inc. |
| 101 | STX 📈 | 9.61 | Seagate Technology Holdings PLC |
| 102 | NEM | 9.62 | Newmont Corporation |
| 103 | TAL 🚀 | 9.65 | TAL Education Group |
| 104 | PBR | 9.67 | Petroleo Brasileiro S.A. Petrob |
| 105 | UAA | 9.70 | Under Armour, Inc. |
| 106 | SYF | 9.84 | Synchrony Financial |
| 107 | TMUS | 9.89 | T-Mobile US, Inc. |
| 108 | VST 📈 | 9.93 | Vistra Corp. |
| 109 | MPC | 10.04 | None |
| 110 | TGT | 10.04 | Target Corporation |
| 111 | PINS | 10.06 | Pinterest, Inc. |
| 112 | PCAR | 10.09 | PACCAR Inc. |
| 113 | UBER | 10.15 | Uber Technologies, Inc. |
| 114 | VALE | 10.16 | VALE S.A. |
| 115 | NET | 10.17 | Cloudflare, Inc. |
| 116 | ORLY | 10.20 | O'Reilly Automotive, Inc. |
| 117 | PANW | 10.21 | Palo Alto Networks, Inc. |
| 118 | WPM | 10.25 | Wheaton Precious Metals Corp |
| 119 | PR | 10.25 | Permian Resources Corporation |
| 120 | SIRI | 10.25 | SiriusXM Holdings Inc. |
| 121 | DVN | 10.29 | Devon Energy Corporation |
| 122 | OVV | 10.30 | Ovintiv Inc. (DE) |
| 123 | DOCU | 10.31 | DocuSign, Inc. |
| 124 | RBRK 🚀 📈 | 10.39 | Rubrik, Inc. |
| 125 | CNM | 10.41 | Core & Main, Inc. |
| 126 | TSM | 10.46 | Taiwan Semiconductor Manufactur |
| 127 | VTR | 10.50 | Ventas, Inc. |
| 128 | KNX | 10.57 | Knight-Swift Transportation Hol |
| 129 | XPEV 🚀 📈 | 10.66 | XPeng Inc. |
| 130 | FLEX | 10.67 | Flex Ltd. |
| 131 | CF | 10.70 | CF Industries Holdings, Inc. |
| 132 | NEE | 10.72 | NextEra Energy, Inc. |
| 133 | STZ | 10.75 | None |
| 134 | MUFG | 10.80 | Mitsubishi UFJ Financial Group, |
| 135 | AFRM 📈 | 10.81 | Affirm Holdings, Inc. |
| 136 | NNOX 🚀 📈 | 10.99 | NANO-X IMAGING LTD |
| 137 | BP | 11.02 | BP p.l.c. |
| 138 | TRU | 11.08 | TransUnion |
| 139 | BMRN | 11.13 | None |
| 140 | TQQQ | 11.13 | ProShares UltraPro QQQ |
| 141 | SWK | 11.21 | None |
| 142 | BIDU | 11.29 | Baidu, Inc. |
| 143 | YUMC | 11.31 | Yum China Holdings, Inc. |
| 144 | GFI | 11.32 | Gold Fields Limited |
| 145 | YPF | 11.33 | YPF Sociedad Anonima |
| 146 | OXY | 11.33 | Occidental Petroleum Corporatio |
| 147 | WDC 📈 | 11.34 | Western Digital Corporation |
| 148 | GE | 11.35 | GE Aerospace |
| 149 | NU | 11.39 | Nu Holdings Ltd. |
| 150 | MCHP | 11.42 | Microchip Technology Incorporat |
| 151 | ETN | 11.45 | None |
| 152 | OMC | 11.46 | Omnicom Group Inc. |
| 153 | LEN | 11.46 | Lennar Corporation |
| 154 | OWL | 11.59 | Blue Owl Capital Inc. |
| 155 | AEM | 11.60 | Agnico Eagle Mines Limited |
| 156 | DKNG | 11.63 | DraftKings Inc. |
| 157 | ERX | 11.66 | Direxion Energy Bull 2X Shares |
| 158 | WMB | 11.68 | None |
| 159 | APP 📈 | 11.69 | Applovin Corporation |
| 160 | JD | 11.77 | JD.com, Inc. |
| 161 | GM 🚀 | 11.83 | General Motors Company |
| 162 | SONY | 11.83 | Sony Group Corporation |
| 163 | PTON 🚀 📈 | 11.99 | Peloton Interactive, Inc. |
| 164 | DT | 12.11 | Dynatrace, Inc. |
| 165 | PGR | 12.11 | Progressive Corporation (The) |
| 166 | MKC | 12.27 | None |
| 167 | APO | 12.31 | Apollo Global Management, Inc. |
| 168 | AMZU | 12.32 | Direxion Daily AMZN Bull 2X Sha |
| 169 | CLS 🚀 📈 | 12.37 | Celestica, Inc. |
| 170 | OKTA 🚀 | 12.37 | Okta, Inc. |
| 171 | JHX 🚀 | 12.40 | James Hardie Industries plc. |
| 172 | ULTA | 12.42 | Ulta Beauty, Inc. |
| 173 | HAL | 12.50 | Halliburton Company |
| 174 | DECK 🚀 | 12.55 | Deckers Outdoor Corporation |
| 175 | JNUG 🚀 📈 | 12.57 | Direxion Daily Junior Gold Mine |
| 176 | RDDT 🚀 📈 | 12.59 | Reddit, Inc. |
| 177 | MRVL 🚀 | 12.61 | Marvell Technology, Inc. |
| 178 | NUE | 12.64 | Nucor Corporation |
| 179 | GOOGL | 12.78 | Alphabet Inc. |
| 180 | GUSH | 12.82 | Direxion Daily S&P Oil & Gas Ex |
| 181 | GOOG | 12.83 | Alphabet Inc. |
| 182 | YMM | 12.88 | Full Truck Alliance Co. Ltd. |
| 183 | CCI | 12.94 | Crown Castle Inc. |
| 184 | BBY | 12.97 | Best Buy Co., Inc. |
| 185 | F | 13.32 | Ford Motor Company |
| 186 | GPC | 13.34 | Genuine Parts Company |
| 187 | TCOM | 13.37 | Trip.com Group Limited |
| 188 | NRG | 13.48 | NRG Energy, Inc. |
| 189 | AAPU | 13.56 | Direxion Daily AAPL Bull 2X Sha |
| 190 | CART | 13.69 | Maplebear Inc. |
| 191 | CIEN 📈 | 13.79 | Ciena Corporation |
| 192 | CCL | 13.83 | Carnival Corporation |
| 193 | DRN | 13.86 | Direxion Daily Real Estate Bull |
| 194 | FLUT | 13.86 | Flutter Entertainment plc |
| 195 | CVNA 📈 | 13.90 | Carvana Co. |
| 196 | BEKE | 14.08 | KE Holdings Inc |
| 197 | DJT 🚀 📈 | 14.14 | Trump Media & Technology Group |
| 198 | SOXL 🚀 📈 | 14.17 | Direxion Daily Semiconductor Bu |
| 199 | DB | 14.27 | Deutsche Bank AG |
| 200 | SW | 14.30 | Smurfit WestRock plc |
| 201 | MFG | 14.36 | Mizuho Financial Group, Inc. Sp |
| 202 | CRWD | 14.47 | CrowdStrike Holdings, Inc. |
| 203 | LMND 🚀 📈 | 14.48 | Lemonade, Inc. |
| 204 | TMF | 14.53 | Direxion Daily 20-Yr Treasury B |
| 205 | MGM | 14.61 | MGM Resorts International |
| 206 | AEO 🚀 | 15.02 | American Eagle Outfitters, Inc. |
| 207 | KHC | 15.04 | The Kraft Heinz Company |
| 208 | AA | 15.09 | Alcoa Corporation |
| 209 | CSGP | 15.09 | CoStar Group, Inc. |
| 210 | APA | 15.10 | APA Corporation |
| 211 | FTI 🚀 | 15.11 | TechnipFMC plc |
| 212 | CCJ | 15.15 | Cameco Corporation |
| 213 | TSLA 📈 | 15.15 | Tesla, Inc. |
| 214 | RIVN 🚀 | 15.20 | Rivian Automotive, Inc. |
| 215 | SE 🚀 | 15.38 | Sea Limited |
| 216 | RF | 15.41 | Regions Financial Corporation |
| 217 | HPE | 15.41 | Hewlett Packard Enterprise Comp |
| 218 | SMCI 🚀 📈 | 15.44 | Super Micro Computer, Inc. |
| 219 | VLO | 15.46 | Valero Energy Corporation |
| 220 | LYB 🚀 | 15.58 | LyondellBasell Industries NV |
| 221 | TNA | 15.61 | Direxion Small Cap Bull 3X Shar |
| 222 | TOST | 15.63 | Toast, Inc. |
| 223 | M 🚀 | 15.67 | Macy's Inc |
| 224 | ENTG | 15.70 | Entegris, Inc. |
| 225 | ZTO | 15.74 | ZTO Express (Cayman) Inc. |
| 226 | EL | 15.77 | Estee Lauder Companies, Inc. (T |
| 227 | BBWI | 15.77 | Bath & Body Works, Inc. |
| 228 | SPOT | 15.80 | Spotify Technology S.A. |
| 229 | BROS | 15.82 | Dutch Bros Inc. |
| 230 | ARM 🚀 📈 | 15.97 | Arm Holdings plc |
| 231 | UTSL | 16.01 | Direxion Daily Utilities Bull 3 |
| 232 | TSCO | 16.10 | Tractor Supply Company |
| 233 | PHM | 16.18 | PulteGroup, Inc. |
| 234 | NVDA | 16.22 | NVIDIA Corporation |
| 235 | BA | 16.50 | Boeing Company (The) |
| 236 | CRDO 📈 | 16.54 | Credo Technology Group Holding |
| 237 | TMO | 16.63 | Thermo Fisher Scientific Inc |
| 238 | STLA | 16.69 | Stellantis N.V. |
| 239 | MDB 🚀 | 16.75 | MongoDB, Inc. |
| 240 | BHP | 16.78 | BHP Group Limited |
| 241 | BTI | 16.79 | None |
| 242 | TECK | 16.80 | Teck Resources Ltd |
| 243 | NKE 🚀 | 16.84 | Nike, Inc. |
| 244 | IP | 16.88 | International Paper Company |
| 245 | PTEN | 16.94 | Patterson-UTI Energy, Inc. |
| 246 | C | 17.06 | Citigroup, Inc. |
| 247 | GRAB | 17.22 | Grab Holdings Limited |
| 248 | IONQ 🚀 📈 | 17.43 | IonQ, Inc. |
| 249 | AU | 17.46 | AngloGold Ashanti PLC |
| 250 | ZS | 17.57 | Zscaler, Inc. |
| 251 | PDD | 17.57 | PDD Holdings Inc. |
| 252 | LVS | 17.70 | Las Vegas Sands Corp. |
| 253 | SHOP 🚀 | 17.89 | Shopify Inc. |
| 254 | MU 📈 | 17.89 | Micron Technology, Inc. |
| 255 | ANET | 18.00 | Arista Networks, Inc. |
| 256 | FAST | 18.06 | None |
| 257 | AAL | 18.27 | American Airlines Group, Inc. |
| 258 | BLDR | 18.31 | Builders FirstSource, Inc. |
| 259 | ORCL 🚀 | 18.38 | Oracle Corporation |
| 260 | TWLO | 18.56 | Twilio Inc. |
| 261 | DDOG 🚀 | 18.58 | Datadog, Inc. |
| 262 | RCL | 18.61 | Royal Caribbean Cruises Ltd. |
| 263 | STM | 18.88 | STMicroelectronics N.V. |
| 264 | ASML | 18.90 | ASML Holding N.V. - New York Re |
| 265 | CAVA | 18.95 | CAVA Group, Inc. |
| 266 | CMG | 19.19 | Chipotle Mexican Grill, Inc. |
| 267 | BAM | 19.21 | None |
| 268 | DLTR | 19.29 | Dollar Tree, Inc. |
| 269 | BKR | 19.39 | Baker Hughes Company |
| 270 | SERV 🚀 📈 | 19.49 | Serve Robotics Inc. |
| 271 | COHR | 19.85 | Coherent Corp. |
| 272 | KMX | 20.10 | CarMax Inc |
| 273 | TEAM | 20.28 | Atlassian Corporation |
| 274 | CHWY | 20.32 | Chewy, Inc. |
| 275 | TME | 20.33 | Tencent Music Entertainment Gro |
| 276 | ON | 20.35 | ON Semiconductor Corporation |
| 277 | DHI | 20.39 | D.R. Horton, Inc. |
| 278 | Z | 20.46 | Zillow Group, Inc. |
| 279 | BABA | 20.53 | Alibaba Group Holding Limited |
| 280 | ENPH | 20.57 | Enphase Energy, Inc. |
| 281 | CX | 20.66 | Cemex, S.A.B. de C.V. Sponsored |
| 282 | FSLR | 21.02 | First Solar, Inc. |
| 283 | IBKR | 21.13 | Interactive Brokers Group, Inc. |
| 284 | BX | 21.24 | Blackstone Inc. |
| 285 | TEM 📈 | 21.46 | Tempus AI, Inc. |
| 286 | RKT | 21.53 | Rocket Companies, Inc. |
| 287 | VG 📈 | 21.61 | Venture Global, Inc. |
| 288 | EVGO 🚀 📈 | 21.86 | EVgo Inc. |
| 289 | FI | 22.03 | Fiserv, Inc. |
| 290 | SNAP | 22.25 | Snap Inc. |
| 291 | NOK 🚀 | 22.29 | Nokia Corporation Sponsored |
| 292 | BB 🚀 📈 | 22.36 | BlackBerry Limited |
| 293 | AI 🚀 | 22.36 | C3.ai, Inc. |
| 294 | WYNN | 22.38 | Wynn Resorts, Limited |
| 295 | CHYM | 22.44 | Chime Financial, Inc. |
| 296 | MSTR 📈 | 22.48 | Strategy Inc |
| 297 | RETL | 22.72 | Direxion Daily Retail Bull 3X S |
| 298 | TIGR 🚀 📈 | 22.79 | UP Fintech Holding Limited |
| 299 | PLTR 🚀 📈 | 22.95 | Palantir Technologies Inc. |
| 300 | NBIS 🚀 📈 | 23.25 | Nebius Group N.V. |
| 301 | RIG | 23.54 | Transocean Ltd (Switzerland) |
| 302 | LUV | 23.61 | Southwest Airlines Company |
| 303 | HIMS 📈 | 23.82 | Hims & Hers Health, Inc. |
| 304 | EH | 24.06 | EHang Holdings Limited |
| 305 | NCLH | 24.18 | Norwegian Cruise Line Holdings |
| 306 | UAL 🚀 📈 | 24.51 | United Airlines Holdings, Inc. |
| 307 | CLSK 📈 | 24.54 | CleanSpark, Inc. |
| 308 | GGLL 📈 | 24.67 | Direxion Daily GOOGL Bull 2X Sh |
| 309 | DAL | 24.76 | Delta Air Lines, Inc. |
| 310 | TTD | 24.89 | The Trade Desk, Inc. |
| 311 | XP | 24.90 | XP Inc. |
| 312 | GEV 🚀 | 25.19 | GE Vernova Inc. |
| 313 | AMD | 25.40 | Advanced Micro Devices, Inc. |
| 314 | LI | 25.41 | Li Auto Inc. |
| 315 | COIN 📈 | 25.98 | Coinbase Global, Inc. |
| 316 | SN | 26.56 | SharkNinja, Inc. |
| 317 | AR | 26.78 | Antero Resources Corporation |
| 318 | XYZ | 27.20 | Block, Inc. |
| 319 | WBD 🚀 | 27.32 | Warner Bros. Discovery, Inc. - |
| 320 | QUBT 🚀 📈 | 27.51 | Quantum Computing Inc. |
| 321 | HOOD 📈 | 27.57 | Robinhood Markets, Inc. |
| 322 | LUNR 🚀 📈 | 27.73 | Intuitive Machines, Inc. |
| 323 | WULF 🚀 📈 | 27.74 | TeraWulf Inc. |
| 324 | YINN 📈 | 27.83 | Direxion Daily FTSE China Bull |
| 325 | RBLX | 28.75 | Roblox Corporation |
| 326 | APLD 🚀 📈 | 29.57 | Applied Digital Corporation |
| 327 | TSLL 🚀 📈 | 29.84 | Direxion Daily TSLA Bull 2X Sha |
| 328 | SOUN 🚀 📈 | 30.76 | SoundHound AI, Inc. |
| 329 | AMC 🚀 📈 | 30.81 | AMC Entertainment Holdings, Inc |
| 330 | NVDL 🚀 📈 | 30.84 | GraniteShares 2x Long NVDA Dail |
| 331 | UPST 🚀 📈 | 31.27 | Upstart Holdings, Inc. |
| 332 | CRCL 🚀 📈 | 32.17 | Circle Internet Group, Inc. |
| 333 | TPR | 32.51 | Tapestry, Inc. |
| 334 | NAIL 🚀 | 32.94 | Direxion Daily Homebuilders & S |
| 335 | SOFI 📈 | 33.95 | SoFi Technologies, Inc. |
| 336 | BITX 📈 | 34.43 | 2x Bitcoin Strategy ETF |
| 337 | MARA 🚀 | 34.92 | MARA Holdings, Inc. |
| 338 | BTDR 🚀 📈 | 35.20 | Bitdeer Technologies Group |
| 339 | ACHR 🚀 📈 | 35.92 | Archer Aviation Inc. |
| 340 | AUR 📈 | 36.67 | Aurora Innovation, Inc. |
| 341 | BBAI 🚀 📈 | 36.94 | BigBear.ai, Inc. |
| 342 | IREN 🚀 📈 | 36.99 | IREN LIMITED |
| 343 | RIOT 📈 | 39.59 | Riot Platforms, 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.