The Greedy Trader Weekly Analysis
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Number of records: 13
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Colgate-Palmolive
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Summary:
Weekly :Overbought sectorBroken trend resistance linePrice is near the Fibonacci 23.6% retracement level
Daily :A Parabolic SAR indicator is above and near the pricePrice has crossed below the 50 Day Moving AverageThe 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 Colgate-Palmolive (CL). During the week, the CL dropped -0.81 points, or -1.28%, and closed at 62.71 on Friday, December 07, 2018. Weekly volume was 13% above average.

CL is a member of Consumer Goods Sector. Consumer Goods 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 CL long-term trend chart]
A long-term downtrend had started on January 19, 2018 at 77.91 and reached 57.41 on October 29, 2018. CL lost 20.50 points, or 26.31%, in 40 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Medium-term trend: [See CL medium-term trend chart]
A medium-term downtrend had started on September 21, 2018 at 69.29 and reached 57.41 on October 29, 2018. CL lost 11.88 points, or 17.15%, in 5 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (46.36) 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 medium-term trend.

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

The weekly MACD line is below its signal line since October 12, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See CL short-term trend chart]
A short-term downtrend had started on December 4, 2018 at 64.61 and reached 61.87 on December 6, 2018. CL lost 2.74 points, or 4.24%, in 2 days. The price is now at the 30.66% retracement level.

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

The daily MACD line is above its signal line since November 6, 2018. The distance between MACD and the signal line is low and getting smaller.

A Parabolic SAR (stop and reversal) indicator (62.19) comes close to the price (62.71). 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.

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.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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) 52.40
Williams' Percentage Range (W%R) 31.20
Lane's Stochastic (%D-Slow) 65.30
Greed/Fear Indicator (GFI) 62.17
Moving Average Converg./Diverg. (MACD) 0.03
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.58
Williams' Percentage Range (W%R) 50.50
Lane's Stochastic (%D-Slow) 43.18
Greed/Fear Indicator (GFI) 45.56
Moving Average Converg./Diverg. (MACD) -1.19
Trading Signals
Description Value Chart
Upper Bollinger Band 64.24
Daily Stochastic Crossing 63.45
50 Day Moving Average 62.94
Price 62.71
20 Day Moving Average 62.65
Parabolic System 62.19
Weekly Stochastic Crossing 61.27
Lower Bollinger Band 61.20
Quarterly Trendline Resistance 59.33
Sector and Industry
Description Name Rank
Sector Consumer Goods 8
Industry Personal Products 122
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 64.61
High Date 12/04/2018
Low 61.87
Low Date 12/06/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 64.61
High Date 12/04/2018
Low 61.87
Low Date 12/06/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 57.41
Low Date 10/29/2018
High 64.61
High Date 12/04/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 59.33
Support 46.36
High 69.29
High Date 09/21/2018
Low 57.41
Low Date 10/29/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 77.91
High Date 01/19/2018
Low 57.41
Low Date 10/29/2018
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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