The Greedy Trader Weekly Analysis
Sign In Feb 16, 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: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
BB&T Corporation
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Lane's Stochastic is overboughtOversold sectorBroken trend resistance lineBroken trend resistance line
Daily :Bullish Harami CandlestickThe 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 BB&T Corporation (BBT). During the week, the BBT dropped -2.69 points, or -4.88%, and closed at 52.42 on Friday, February 09, 2018. It was the worst weekly loss since November 10, 2017. Weekly volume was 46% above average.

BBT is a member of Financial Sector. Financial is the second most oversold 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 BBT long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 12.90 and reached 55.99 on February 2, 2018. BBT gained -43.09 points, or -334.03%, in 465 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (34.85) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 BBT medium-term trend chart]
A medium-term uptrend had started on February 11, 2016 at 29.95 and reached 55.99 on February 2, 2018. BBT gained -26.04 points, or -86.94%, in 103 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (46.73) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 medium-term trend.

Weekly Technical Indicators: [See BBT 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 October 6, 2017. This is an indication that the medium-term trend is up. 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 September 12, 2017 at 43.03 and reached 55.99 on February 2, 2018. BBT gained -12.96 points, or -30.12%, in 143 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 49.41 and resistance is at 56.47. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.

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

The daily MACD line is below its signal line since February 1, 2018. The distance between MACD and the signal line is near its high and getting bigger.

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.

Candlestick pattern: [See BBT candlestick chart pattern]
On Friday the chart has formed a Bullish Harami Candlestick pattern. A Bullish Harami indicates that the bearish trend may be reversing, it signals that it's a good time to enter into a long position. Use the Technical Stock Screener to see the list of stocks that had a Bullish Harami Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.87
Williams' Percentage Range (W%R) 77.60
Lane's Stochastic (%D-Slow) 29.17
Greed/Fear Indicator (GFI) 29.80
Moving Average Converg./Diverg. (MACD) 0.85
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.68
Williams' Percentage Range (W%R) 34.40
Lane's Stochastic (%D-Slow) 85.15
Overbought
Greed/Fear Indicator (GFI) 70.63
Moving Average Converg./Diverg. (MACD) 1.60
Trading Signals
Description Value Chart
Weekly Trendline Resistance 56.47
Upper Bollinger Band 55.83
Parabolic System 55.01
Weekly Stochastic Crossing 54.77
20 Day Moving Average 54.18
Daily Stochastic Crossing 52.61
Price 52.42
50 Day Moving Average 51.83
Lower Bollinger Band 51.08
Quarterly Trendline Resistance 49.71
Weekly Trendline Support 49.41
Quarterly Trendline Support 46.73
Yearly Trendline Resistance 44.94
Sector and Industry
Description Name Rank
Sector Financial 2
Industry Regional-Mid-Atlantc Bnks 150
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 55.99
High Date 02/02/2018
Low 50.76
Low Date 02/09/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 56.47
Support 49.41
Low 43.03
Low Date 09/12/2017
High 55.99
High Date 02/02/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 41.17
Low Date 05/31/2017
High 55.99
High Date 02/02/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 49.71
Support 46.73
Low 29.95
Low Date 02/11/2016
High 55.99
High Date 02/02/2018
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 44.94
Support 34.85
Low 12.90
Low Date 03/06/2009
High 55.99
High Date 02/02/2018
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.