The Greedy Trader Weekly Analysis
Sign In Oct 12, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 10/5/2018
Sign In to see current Signals.
AK Steel Holding Corp.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Stochastic has declined below the signal lineThe price has fallen below the Parabolic SAR20 Day Moving Average has crossed above the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the AK Steel Holding Corp. (AKS). During the week, the AKS dropped -0.07 points, or -1.43%, and closed at 4.83 on Friday, October 05, 2018. Weekly volume was -41% below average.

Long-term trend: [See AKS long-term trend chart]
A long-term downtrend had started on December 8, 2016 at 11.39 and reached 4.00 on November 15, 2017. AKS lost 7.39 points, or 64.88%, in 48 weeks. The chart has formed a Ascending Triangle chart pattern. The downtrend resistance line (4.28) is broken. A broken support is considered to be a long-term bullish signal. 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 AKS medium-term trend chart]
A medium-term downtrend had started on July 24, 2018 at 5.40 and reached 4.01 on August 15, 2018. AKS lost 1.39 points, or 25.74%, in 3 weeks. The price is now at the 58.99% retracement level.

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

The weekly MACD line is above its signal line since September 14, 2018. 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 AKS short-term trend chart]
A short-term uptrend had started on September 11, 2018 at 4.10 and reached 5.11 on October 1, 2018. AKS gained -1.01 points, or -24.63%, in 20 days. The price is now at the 27.72% retracement level.

Daily Technical Indicators: [See AKS daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 above its signal line since September 11, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

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 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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) 64.41
Williams' Percentage Range (W%R) 25.70
Lane's Stochastic (%D-Slow) 51.06
Greed/Fear Indicator (GFI) 63.24
Moving Average Converg./Diverg. (MACD) 0.10
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.73
Williams' Percentage Range (W%R) 39.60
Lane's Stochastic (%D-Slow) 45.65
Greed/Fear Indicator (GFI) 52.76
Moving Average Converg./Diverg. (MACD) -0.15
Trading Signals
Description Value Chart
Upper Bollinger Band 5.18
Parabolic System 5.12
Daily Stochastic Crossing 4.91
Price 4.83
20 Day Moving Average 4.68
Weekly Stochastic Crossing 4.58
50 Day Moving Average 4.54
Quarterly Trendline Resistance 4.40
Quarterly Trendline Support 4.28
Lower Bollinger Band 4.25
Sector and Industry
Description Name Rank
Sector Basic Materials 4
Industry Steel & Iron 69
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 4.10
Low Date 09/11/2018
High 5.11
High Date 10/01/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 4.01
Low Date 08/15/2018
High 5.11
High Date 10/01/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 5.40
High Date 07/24/2018
Low 4.01
Low Date 08/15/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 4.40
Support 4.28
High 11.39
High Date 12/08/2016
Low 4.00
Low Date 11/15/2017
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 1.64
Low Date 01/20/2016
High 11.39
High Date 12/08/2016
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© 2004-2016 All rights reserved.