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Price vs. 20 Day Moving Average:Crossover
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Moving Average Crossover - stock market timing alerts.
The moving average is one of the oldest analytical tools for stock market alerts. It shows the average value of the stock price over a period of time and is used to emphasize the direction of a trend. While price is below the moving average, it is considered as bearish behaviour in relation to the trend length being viewed. When price falls from the level above the moving average to the level below the moving average, it warns that the price trend being viewed may be weakening, and it presents stock market timing alerts. The moving average is a lagging indicator of the price trend. Moving average and stock price crossover is a stock trading signal. The basic interpretation is to buy when the stock price moves above its moving average and to sell when the price moves below its moving average. The length of the moving average should match the trend time frame. We use 20 day moving average crossover to identify weekly trend and 50 day moving average crossover for monthly trend stock market alerts.
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- 12/31/2020 -
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Advance Auto Parts (AAP)

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Summary:
Weekly :
Daily :Daily  MACD line has moved below its signal lineThe price is close to the moving average in the center of the Bollinger BandsThe period of low volatility of the stock price
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It was the negative week for the Advance Auto Parts (AAP). During the week, the AAP dropped -3.11 points, or -1.94%, and closed at 157.51 on Thursday, December 31, 2020. Weekly volume was -30% below average.

Long-term trend: [See AAP long-term trend chart]
A long-term uptrend had started on March 23, 2020 at 71.33 and reached 170.50 on August 18, 2020. AAP gained -99.17 points, or -139.03%, in 21 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 147.36 and resistance is at 167.81. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See AAP medium-term trend chart]
A medium-term downtrend had started on August 18, 2020 at 170.50 and reached 142.46 on September 24, 2020. AAP lost 28.04 points, or 16.45%, in 5 weeks. The price is now at the 53.67% retracement level.

Weekly Technical Indicators: [See AAP weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since October 23, 2020. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See AAP short-term trend chart]
A short-term uptrend had started on September 24, 2020 at 142.46 and reached 164.08 on November 9, 2020. AAP gained -21.62 points, or -15.18%, in 46 days. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern.

Daily Technical Indicators: [See AAP daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 7.59% on Friday. It is 59.02% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 47.44
Williams' Percentage Range (W%R) 43.10
Lane's Stochastic (%D-Slow) 29.81
Greed/Fear Indicator (GFI) 44.72
Moving Average Converg./Diverg. (MACD) 1.83
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.38
Williams' Percentage Range (W%R) 47.90
Lane's Stochastic (%D-Slow) 62.49
Greed/Fear Indicator (GFI) 55.25
Moving Average Converg./Diverg. (MACD) 3.67
Trading Signals
Description Value Chart
Monthly Trendline Resistance 167.81
Upper Bollinger Band 163.10
Parabolic System 161.81
20 Day Moving Average 157.62
Weekly Stochastic Crossing 157.62
Price 157.51
Daily Stochastic Crossing 157.12
50 Day Moving Average 153.82
Lower Bollinger Band 151.14
Monthly Trendline Support 147.36
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 7
Industry Automotive Retail 25
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Low 142.46
Low Date 09/24/2020
High 164.08
High Date 11/09/2020
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 170.50
High Date 08/18/2020
Low 142.46
Low Date 09/24/2020
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 167.81
Support 147.36
Low 71.33
Low Date 03/23/2020
High 170.50
High Date 08/18/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 186.15
High Date 11/14/2018
Low 71.33
Low Date 03/23/2020
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 78.81
Low Date 11/08/2017
High 186.15
High Date 11/14/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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