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Price vs. Parabolic:Crossover
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Parabolic SAR Crossover - Stock market timing signals.
The Parabolic System is also known as a Stop and Reverse (Parabolic SAR) system, and it was developed by Welles Wilder, the author of the Relative Strength Index (RSI). Parabolic System is a trend following technique that is useful for catching new trends early. The Parabolic System used to set trailing price stops. The stops below the price are considered as bullish, above the price as bearish. Parabolic SAR crossover generates excellent buy and sell signals in trending market but tends to whipsaw during non-trending, sideways phases.
parabolic sar,Parabolic SAR Crossover,stock market timing signals

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- 3/20/2020 -
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Copart (CPRT)

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Summary:
Weekly :Price is near the trend low.
Daily :Stochastic signal line moved above oversold areaA Parabolic SAR indicator is below and near the pricePrice is near the trend low. The price touches the lower Bollinger BandThe period of high volatility of the stock price
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It was the negative week for the Copart (CPRT). During the week, the CPRT dropped -13.69 points, or -18.54%, and closed at 60.15 on Friday, March 20, 2020. Weekly volume was 90% above average.

Long-term trend: [See CPRT long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 59.74 and reached 73.47 on March 20, 2020. CPRT gained -13.73 points, or -22.98%, in 0 weeks. Price is near the lowest trend level.

Medium-term trend: [See CPRT medium-term trend chart]
A medium-term downtrend had started on February 19, 2020 at 104.88 and reached 59.74 on March 18, 2020. CPRT lost 45.14 points, or 43.04%, in 4 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 53.72 and resistance is at 64.59. A Falling 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 Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.

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

The weekly MACD line is below its signal line since December 13, 2019. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See CPRT short-term trend chart]
A short-term uptrend had started on March 18, 2020 at 59.74 and reached 73.47 on March 20, 2020. CPRT gained -13.73 points, or -22.98%, in 2 days. Price is near the lowest trend level.

Daily Technical Indicators: [See CPRT daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 Lane's Stochastic help.

The daily MACD line is below its signal line since February 6, 2020.

A Parabolic SAR (stop and reversal) indicator (60.23) comes close to the price (60.15). It indicates that the trend is getting weaker. 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.

The price touches the lower Bollinger Band. The distance between the Bollinger Bands is 376.01% 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) 28.16
Williams' Percentage Range (W%R) 66.30
Lane's Stochastic (%D-Slow) 26.79
Greed/Fear Indicator (GFI) 29.56
Moving Average Converg./Diverg. (MACD) -6.54
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 25.34
Williams' Percentage Range (W%R) 74.00
Lane's Stochastic (%D-Slow) 25.09
Greed/Fear Indicator (GFI) 29.16
Moving Average Converg./Diverg. (MACD) 14.54
Trading Signals
Description Value Chart
Upper Bollinger Band 95.52
50 Day Moving Average 91.38
20 Day Moving Average 78.35
Weekly Stochastic Crossing 65.48
Daily Stochastic Crossing 65.08
Yearly Trendline Resistance 64.59
Parabolic System 60.23
Price 60.15
Lower Bollinger Band 60.12
Yearly Trendline Support 53.72
Sector and Industry
Description Name Rank
Sector Services 6
Industry Auto Parts Wholesale 81
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 59.74
Low Date 03/18/2020
High 73.47
High Date 03/20/2020
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 59.74
Low Date 03/18/2020
High 73.47
High Date 03/20/2020
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 59.74
Low Date 03/18/2020
High 73.47
High Date 03/20/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 59.74
Low Date 03/18/2020
High 73.47
High Date 03/20/2020
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 64.59
Support 53.72
High 104.88
High Date 02/19/2020
Low 59.74
Low Date 03/18/2020
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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