The Greedy Trader Weekly Analysis
Sign In Jul 20, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 2
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Bed Bath & Beyond
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorLane's Stochastic is overboughtTrend resistance at 19.95
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the Bed Bath & Beyond (BBBY). During the week, the BBBY dropped -1.20 points, or -5.70%, and closed at 19.87 on Friday, July 13, 2018. It was the worst weekly loss since April 13, 2018. Weekly volume was -16% below average.

BBBY is a member of Services Sector. Services is the second 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 BBBY long-term trend chart]
A long-term downtrend had started on January 8, 2015 at 79.64 and reached 16.52 on May 9, 2018. BBBY lost 63.12 points, or 79.26%, in 173 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 33.20 and resistance is at 12.71. 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 BBBY medium-term trend chart]
A medium-term downtrend had started on December 20, 2017 at 24.74 and reached 16.52 on May 9, 2018. BBBY lost 8.22 points, or 33.23%, in 20 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (19.95). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See BBBY weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. 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 weekly MACD line is above its signal line since June 1, 2018. Use the following link to access a MACD help.

Short-term trend: [See BBBY short-term trend chart]
A short-term uptrend had started on June 28, 2018 at 18.11 and reached 21.45 on July 9, 2018. BBBY gained -3.34 points, or -18.44%, in 11 days. The chart has formed a Rising Wedge chart pattern.

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

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.34
Williams' Percentage Range (W%R) 48.80
Lane's Stochastic (%D-Slow) 59.50
Greed/Fear Indicator (GFI) 53.01
Moving Average Converg./Diverg. (MACD) 0.40
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.58
Williams' Percentage Range (W%R) 51.20
Lane's Stochastic (%D-Slow) 80.08
Overbought
Greed/Fear Indicator (GFI) 61.32
Moving Average Converg./Diverg. (MACD) -1.40
Trading Signals
Description Value Chart
Parabolic System 21.31
Upper Bollinger Band 20.97
Weekly Stochastic Crossing 20.75
Daily Stochastic Crossing 20.41
20 Day Moving Average 20.18
Monthly Trendline Resistance 19.95
Price 19.87
Lower Bollinger Band 19.08
50 Day Moving Average 18.94
Sector and Industry
Description Name Rank
Sector Services 8
Industry Home Furnishing Stores 100
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 18.11
Low Date 06/28/2018
High 21.45
High Date 07/09/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 16.52
Low Date 05/09/2018
High 21.45
High Date 07/09/2018
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 19.95
Support 14.08
High 24.74
High Date 12/20/2017
Low 16.52
Low Date 05/09/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 12.71
Support 33.20
High 79.64
High Date 01/08/2015
Low 16.52
Low Date 05/09/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 80.82
High Date 01/03/2014
Low 16.52
Low Date 05/09/2018
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© 2004-2016 All rights reserved.