The Greedy Trader Weekly Analysis
Sign In Sep 14, 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 - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 9/7/2018
Sign In to see current Signals.
Dominion Resources
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend support lineBroken trend support lineLane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtLane's Stochastic and MACD bearish divergence
Daily :Daily  MACD line has moved above its signal linePrice is near the Fibonacci 38.2% retracement levelThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week for the Dominion Resources (D). During the week, the D climbed 0.69 points, or 0.97%, and closed at 71.46 on Friday, September 07, 2018. Weekly volume was -29% below average.

D is a member of Utilities Sector. Utilities is the 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 D long-term trend chart]
A long-term uptrend had started on March 9, 2009 at 27.15 and reached 85.30 on December 18, 2017. D gained -58.15 points, or -214.18%, in 458 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (79.66) 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 long-term trend.

Medium-term trend: [See D medium-term trend chart]
A medium-term uptrend had started on June 6, 2018 at 61.53 and reached 72.55 on September 6, 2018. D gained -11.02 points, or -17.91%, in 13 weeks. The chart has formed a Rising Pennant chart pattern. The uptrend support line (71.49) 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 D weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since June 15, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See D short-term trend chart]
A short-term uptrend had started on August 14, 2018 at 69.50 and reached 72.55 on September 6, 2018. D gained -3.05 points, or -4.39%, in 23 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

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

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

During the last week, the price has moved above 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) 47.35
Williams' Percentage Range (W%R) 27.20
Lane's Stochastic (%D-Slow) 62.79
Greed/Fear Indicator (GFI) 60.98
Moving Average Converg./Diverg. (MACD) 0.33
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.89
Williams' Percentage Range (W%R) 7.50
Strong Overbought
Lane's Stochastic (%D-Slow) 81.83
Overbought Bearish
Greed/Fear Indicator (GFI) 78.49
Moving Average Converg./Diverg. (MACD) -0.97 Bearish
Trading Signals
Description Value Chart
Yearly Trendline Support 79.66
Upper Bollinger Band 72.63
Daily Stochastic Crossing 71.98
Weekly Stochastic Crossing 71.94
Monthly Trendline Resistance 71.59
Monthly Trendline Support 71.49
Price 71.46
20 Day Moving Average 71.15
50 Day Moving Average 70.69
Parabolic System 70.62
Lower Bollinger Band 69.87
Sector and Industry
Description Name Rank
Sector Utilities 10
Industry Electric Utilities 132
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Low 70.43
Low Date 08/31/2018
High 72.55
High Date 09/06/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 69.50
Low Date 08/14/2018
High 72.55
High Date 09/06/2018
Description Value
Direction Up
Chart Pattern Rising Pennant
Status Broken Support
Resistance 71.59
Support 71.49
Low 61.53
Low Date 06/06/2018
High 72.55
High Date 09/06/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 85.30
High Date 12/18/2017
Low 61.53
Low Date 06/06/2018
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 86.37
Support 79.66
Low 27.15
Low Date 03/09/2009
High 85.30
High Date 12/18/2017
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.