The Greedy Trader Weekly Analysis
Sign In Oct 23, 2020
Skip Navigation Links
TA Search
Price vs. 50 Day Moving Average:Near
Number of records: 10
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
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.
20 day moving average,20 day Moving Average Crossover,stock market timing alerts,stock market alerts,50 day moving average,50 day Moving Average Crossover,stock market timing alert,stock market alert,stock moving average,stock trading signals

Advanced TA Search

Archive
- 10/16/2020 -
Sign In to see current Signals.

Advance Auto Parts (AAP)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sector
Daily :Williams' Percentage Range is overboughtThe price has fallen below the Parabolic SARPrice is close to the 50 Day Moving AverageBroken trend resistance lineThe price has declined below the moving average in the center of the Bollinger BandsThe period of low volatility of the stock price
Move cursor over the icon to see details.

It was the negative week for the Advance Auto Parts (AAP). During the week, the AAP gave back -0.33 points, or -0.21%, and closed at 154.99 on Friday, October 16, 2020. Weekly volume was -51% below average.

AAP is a member of Consumer Discretionary Sector. Consumer Discretionary 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 AAP long-term trend chart]
A long-term downtrend had started on November 14, 2018 at 186.15 and reached 71.33 on March 23, 2020. AAP lost 114.82 points, or 61.68%, in 70 weeks. The price is now at the 72.86% retracement level.

Medium-term trend: [See AAP medium-term trend chart]
A medium-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 price is now at the 15.64% retracement level.

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

The weekly MACD line is above its signal line since May 1, 2020. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See AAP short-term trend chart]
A short-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 37 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (131.93) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. AAP may retest the broken resistance line. It is considered to be a support line now. 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 short-term trend.

Daily Technical Indicators: [See AAP daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since September 30, 2020. 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 distance between the Bollinger Bands is falling, and it was 9.08% on Friday. It is 50.59% 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.

Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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) 54.52
Williams' Percentage Range (W%R) 17.80
Overbought
Lane's Stochastic (%D-Slow) 48.31
Greed/Fear Indicator (GFI) 61.68
Moving Average Converg./Diverg. (MACD) 0.69
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 74.60
Williams' Percentage Range (W%R) 32.30
Lane's Stochastic (%D-Slow) 41.47
Greed/Fear Indicator (GFI) 54.20
Moving Average Converg./Diverg. (MACD) 4.91
Trading Signals
Description Value Chart
Upper Bollinger Band 162.11
Parabolic System 160.80
Daily Stochastic Crossing 156.27
Price 154.99
50 Day Moving Average 154.97
20 Day Moving Average 153.68
Weekly Stochastic Crossing 149.60
Lower Bollinger Band 148.01
Weekly Trendline Resistance 143.64
Weekly Trendline Support 131.93
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 10
Industry Automotive Retail 51
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 142.46
Low Date 09/24/2020
High 160.78
High Date 10/06/2020
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 143.64
Support 131.93
High 170.50
High Date 08/18/2020
Low 142.46
Low Date 09/24/2020
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
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.

Copyright© 2004-2018 All rights reserved.