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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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- 4/1/2021 -
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Abbott Labs (ABT)

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Summary:
Weekly :Oversold sectorBroken trend resistance lineBroken trend resistance line
Daily :The price has fallen below the Parabolic SARPrice has crossed below the 50 Day Moving AverageThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Abbott Labs (ABT). During the week, the ABT dropped -3.13 points, or -2.56%, and closed at 118.94 on Thursday, April 1, 2021. It was the worst weekly loss since February 26, 2021. Weekly volume was -18% below average.

ABT is a member of Health Care Sector. Health Care is the second most oversold 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 ABT long-term trend chart]
A long-term uptrend had started on January 2, 2013 at 31.64 and reached 128.53 on February 12, 2021. ABT gained -96.89 points, or -306.23%, in 423 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (43.63) 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 ABT medium-term trend chart]
A medium-term uptrend had started on January 28, 2016 at 36.00 and reached 128.53 on February 12, 2021. ABT gained -92.53 points, or -257.03%, in 263 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (44.42) 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 medium-term trend.

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

The weekly MACD line is below its signal line since March 12, 2021. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See ABT short-term trend chart]
A short-term downtrend had started on February 12, 2021 at 128.53 and reached 114.74 on March 4, 2021. ABT lost 13.79 points, or 10.73%, in 20 days. The price is now at the 30.46% retracement level.

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

The daily MACD line is above its signal line since March 19, 2021. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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 declined below the moving average in the center of the Bollinger Bands. 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.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.68
Williams' Percentage Range (W%R) 31.10
Lane's Stochastic (%D-Slow) 62.16
Greed/Fear Indicator (GFI) 62.58
Moving Average Converg./Diverg. (MACD) 0.07
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.93
Williams' Percentage Range (W%R) 35.50
Lane's Stochastic (%D-Slow) 49.91
Greed/Fear Indicator (GFI) 56.51
Moving Average Converg./Diverg. (MACD) 4.86
Trading Signals
Description Value Chart
Upper Bollinger Band 123.39
Parabolic System 122.86
Weekly Stochastic Crossing 121.28
50 Day Moving Average 120.30
Daily Stochastic Crossing 120.20
Price 118.94
20 Day Moving Average 118.69
Lower Bollinger Band 115.85
Quarterly Trendline Resistance 107.95
Sector and Industry
Description Name Rank
Sector Health Care 2
Industry Health Care Equipment 17
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 128.53
High Date 02/12/2021
Low 114.74
Low Date 03/04/2021
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 61.61
Low Date 03/23/2020
High 128.53
High Date 02/12/2021
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 37.38
Low Date 12/01/2016
High 128.53
High Date 02/12/2021
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 107.95
Support 44.42
Low 36.00
Low Date 01/28/2016
High 128.53
High Date 02/12/2021
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 18.40
Support 43.63
Low 31.64
Low Date 01/02/2013
High 128.53
High Date 02/12/2021
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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