Sono Tek Corp SOTK Price Channels Chart

Price channels form boundaries above and below the stock price line and can be used as indicators of volatility. Stock Price channels are created by specifying a number of periods that will chart an (Period (days)) high or low around the price line.

Price channels can generate buy/sell signals at points of breakouts. When the stock price line breaks above or below the upper or lower price channel respectively, a new high or low becomes present.