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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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- 3/20/2020 -
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Gilead Sciences (GILD)

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Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :The price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger BandsThe period of high volatility of the stock price
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It was a first positive week for the Gilead Sciences (GILD). During the week, the GILD gained 2.51 points, or 3.55%, and closed at 73.26 on Friday, March 20, 2020. Weekly volume was 207% above average.

GILD is a member of Healthcare Sector. Healthcare is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See GILD long-term trend chart]
A long-term uptrend had started on December 26, 2018 at 60.32 and reached 85.97 on March 19, 2020. GILD gained -25.65 points, or -42.52%, in 64 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (62.13) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See GILD medium-term trend chart]
A medium-term uptrend had started on January 21, 2020 at 62.23 and reached 85.97 on March 19, 2020. GILD gained -23.74 points, or -38.15%, in 8 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 69.97 and resistance is at 86.50. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

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

The weekly MACD line is above its signal line since January 31, 2020. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See GILD short-term trend chart]
A short-term downtrend had started on March 19, 2020 at 85.97 and reached 72.17 on March 20, 2020. GILD lost 13.80 points, or 16.05%, in 1 days. The price is now at the 7.90% retracement level.

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

The daily MACD line is below its signal line since March 19, 2020. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is 114.91% higher then one year average. It indicates the period of high 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) 47.47
Williams' Percentage Range (W%R) 30.00
Lane's Stochastic (%D-Slow) 58.36
Greed/Fear Indicator (GFI) 58.61
Moving Average Converg./Diverg. (MACD) 1.66
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.99
Williams' Percentage Range (W%R) 27.20
Lane's Stochastic (%D-Slow) 66.01
Greed/Fear Indicator (GFI) 64.10
Moving Average Converg./Diverg. (MACD) 0.78
Trading Signals
Description Value Chart
Weekly Trendline Resistance 86.50
Upper Bollinger Band 79.44
Daily Stochastic Crossing 78.63
Weekly Stochastic Crossing 78.30
20 Day Moving Average 73.76
Price 73.26
Weekly Trendline Support 69.97
50 Day Moving Average 68.87
Quarterly Trendline Resistance 67.59
Lower Bollinger Band 66.53
Parabolic System 66.04
Quarterly Trendline Support 62.13
Sector and Industry
Description Name Rank
Sector Healthcare 9
Industry Biotechnology 150
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 85.97
High Date 03/19/2020
Low 72.17
Low Date 03/20/2020
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 86.50
Support 69.97
Low 62.23
Low Date 01/21/2020
High 85.97
High Date 03/19/2020
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 60.89
Low Date 10/03/2019
High 85.97
High Date 03/19/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 67.59
Support 62.13
Low 60.32
Low Date 12/26/2018
High 85.97
High Date 03/19/2020
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 89.54
High Date 01/29/2018
Low 60.32
Low Date 12/26/2018
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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