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Price vs. Parabolic:Crossover
Number of records: 9
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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
Archive
- 6/7/2019
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AbbVie
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Summary:
Weekly :
Daily :A Parabolic SAR indicator is below and near the price
Move cursor over the icon to see details.

It was a first positive week for the AbbVie (ABBV). During the week, the ABBV climbed 0.72 points, or 0.94%, and closed at 77.43 on Friday, June 7, 2019. Weekly volume was -14% below average.

Long-term trend: [See ABBV long-term trend chart]
A long-term downtrend had started on January 26, 2018 at 125.86 and reached 73.81 on June 3, 2019. ABBV lost 52.05 points, or 41.36%, in 70 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 69.35 and resistance is at 80.92. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.

Medium-term trend: [See ABBV medium-term trend chart]
A medium-term downtrend had started on April 3, 2019 at 84.73 and reached 73.81 on June 3, 2019. ABBV lost 10.92 points, or 12.89%, in 8 weeks. The price is now at the 33.15% retracement level.

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

The weekly MACD line is above its signal line since March 29, 2019. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See ABBV short-term trend chart]
A short-term uptrend had started on June 3, 2019 at 73.81 and reached 78.38 on June 7, 2019. ABBV gained -4.57 points, or -6.19%, in 4 days. The price is now at the 20.79% retracement level.

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

The daily MACD line is below its signal line since May 29, 2019. The distance between MACD and the signal line is low and getting smaller.

A Parabolic SAR (stop and reversal) indicator (78.15) comes close to the price (77.43). 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.65
Williams' Percentage Range (W%R) 53.60
Lane's Stochastic (%D-Slow) 40.93
Greed/Fear Indicator (GFI) 42.31
Moving Average Converg./Diverg. (MACD) -0.50
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.31
Williams' Percentage Range (W%R) 77.00
Lane's Stochastic (%D-Slow) 31.51
Greed/Fear Indicator (GFI) 34.23
Moving Average Converg./Diverg. (MACD) -2.72
Trading Signals
Description Value Chart
Upper Bollinger Band 81.41
Yearly Trendline Resistance 80.92
50 Day Moving Average 79.49
20 Day Moving Average 78.42
Parabolic System 78.15
Price 77.43
Weekly Stochastic Crossing 77.06
Daily Stochastic Crossing 75.97
Lower Bollinger Band 74.92
Yearly Trendline Support 69.35
Sector and Industry
Description Name Rank
Sector Healthcare 3
Industry Drug Manufacturers/Major 94
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 73.81
Low Date 06/03/2019
High 78.38
High Date 06/07/2019
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 73.81
Low Date 06/03/2019
High 78.38
High Date 06/07/2019
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 81.75
High Date 05/22/2019
Low 73.81
Low Date 06/03/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 84.73
High Date 04/03/2019
Low 73.81
Low Date 06/03/2019
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 80.92
Support 69.35
High 125.86
High Date 01/26/2018
Low 73.81
Low Date 06/03/2019
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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