Many professionals in the industry use the term operational data analytics to refer to the real-time observation of business processes. In the analytics world, operational data analytics are used to examine the latest information that businesses encounter every day, and then making the appropriate adjustments and proposing an instant solution for change. Regarding the technical stock price and volatility indicators, Bollinger Bands are a popular analysis tool to inform daily trading decisions. The band is composed of three different lines, with two standard deviations (positive and negative) away from simple moving averages (SMA). Volatility is based on standard deviation. As the volatility increases, the band widens, and vice versa. The formula for Bollinger Bands is described in the following code block. Interested readers can take a look at the reference...
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