The Greedy Trader Weekly Analysis
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Number of records: 2
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BB&T Corporation
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Summary:
Weekly :Broken trend support lineTrend resistance at 46.03
Daily :Lane's Stochastic is strongly overbought
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It was a third positive week after 3 consecutive negative weeks for the BB&T Corporation (BBT). During the week, the BBT climbed 0.36 points, or 0.80%, and closed at 45.61 on Friday, January 11, 2019. Weekly volume was 51% above average.

Long-term trend: [See BBT long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 12.90 and reached 56.31 on March 12, 2018. BBT gained -43.41 points, or -336.51%, in 470 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend resistance line (46.03). 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 long-term trend.

Medium-term trend: [See BBT medium-term trend chart]
A medium-term uptrend had started on February 11, 2016 at 29.95 and reached 56.31 on March 12, 2018. BBT gained -26.36 points, or -88.01%, in 108 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (51.65) is broken. A broken support is considered to be a long-term bearish 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 support in a medium-term trend.

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

The weekly MACD line is below its signal line since December 7, 2018. The distance between MACD and the signal line is relatively high, but getting smaller. Use the following link to access a MACD help.

Short-term trend: [See BBT short-term trend chart]
A short-term uptrend had started on December 26, 2018 at 40.68 and reached 46.29 on January 9, 2019. BBT gained -5.61 points, or -13.79%, in 14 days. The price is now at the 12.12% retracement level.

Daily Technical Indicators: [See BBT daily technical indicators chart]
Daily Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought 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 daily MACD line is above its signal line since December 31, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.13
Williams' Percentage Range (W%R) 34.50
Lane's Stochastic (%D-Slow) 90.56
Strong Overbought
Greed/Fear Indicator (GFI) 73.71
Moving Average Converg./Diverg. (MACD) -0.96
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 43.30
Williams' Percentage Range (W%R) 66.50
Lane's Stochastic (%D-Slow) 21.35
Greed/Fear Indicator (GFI) 34.34
Moving Average Converg./Diverg. (MACD) -1.10
Trading Signals
Description Value Chart
Quarterly Trendline Support 51.65
Upper Bollinger Band 48.12
50 Day Moving Average 47.61
Yearly Trendline Resistance 46.03
Daily Stochastic Crossing 45.95
Price 45.61
Parabolic System 44.63
20 Day Moving Average 44.29
Weekly Stochastic Crossing 43.13
Lower Bollinger Band 42.50
Yearly Trendline Support 37.11
Sector and Industry
Description Name Rank
Sector Financial 3
Industry Regional-Mid-Atlantc Bnks 72
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 40.68
Low Date 12/26/2018
High 46.29
High Date 01/09/2019
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 52.11
High Date 11/19/2018
Low 40.68
Low Date 12/26/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 56.31
High Date 03/12/2018
Low 40.68
Low Date 12/26/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 65.03
Support 51.65
Low 29.95
Low Date 02/11/2016
High 56.31
High Date 03/12/2018
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Test Resistance
Resistance 46.03
Support 37.11
Low 12.90
Low Date 03/06/2009
High 56.31
High Date 03/12/2018
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.

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