The Greedy Trader Weekly Analysis
Sign In Apr 12, 2024
Skip Navigation Links
TA Search
Share
Price vs. Parabolic:Crossover
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Parabolic SAR Crossover - Stock market timing signals.

The Parabolic System is also known as a Stop and Reverse (Parabolic SAR) system, and it was developed by Welles Wilder, the author of the Relative Strength Index (RSI). Parabolic System is a trend following technique that is useful for catching new trends early. The Parabolic System used to set trailing price stops. The stops below the price are considered as bullish, above the price as bearish. Parabolic SAR crossover generates excellent buy and sell signals in trending market but tends to whipsaw during non-trending, sideways phases.

Advanced TA Search

Archive
- 4/5/2024 -
Sign In to see current Signals.

Dominion Resources (D) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARThe period of low volatility of the stock price
Move cursor over the icon to see details.

It was the negative week for the Dominion Resources (D). During the week, the D dropped -0.62 points, or -1.26%, and closed at 48.57 on Friday, April 5, 2024. Weekly volume was -13% below average.

Long-term trend: [See D long-term trend chart]
A long-term downtrend had started on April 11, 2022 at 88.78 and reached 39.18 on October 23, 2023. D lost 49.60 points, or 55.87%, in 80 weeks. The price is now at the 18.93% retracement level.

Medium-term trend: [See D medium-term trend chart]
A medium-term downtrend had started on December 14, 2023 at 50.70 and reached 43.53 on February 13, 2024. D lost 7.17 points, or 14.14%, in 8 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (40.33) 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 D weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since November 10, 2023. 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 March 26, 2024 at 46.56 and reached 49.35 on March 28, 2024. D gained -2.79 points, or -5.99%, in 2 days. The price is now at the 27.96% retracement level.

Daily Technical Indicators: [See D 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.

The distance between the Bollinger Bands is falling, and it was 5.11% on Friday. It is 53.00% lower than one year average. It indicates the period of low volatility of the stock price. 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) 55.75
Williams' Percentage Range (W%R) 31.90
Lane's Stochastic (%D-Slow) 78.35
Greed/Fear Indicator (GFI) 67.40
Moving Average Converg./Diverg. (MACD) 0.52
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 54.22
Williams' Percentage Range (W%R) 31.20
Lane's Stochastic (%D-Slow) 75.66
Greed/Fear Indicator (GFI) 64.93
Moving Average Converg./Diverg. (MACD) -0.72
Trading Signals
Description Value Chart
Upper Bollinger Band 49.36
Parabolic System 49.27
Daily Stochastic Crossing 48.64
Price 48.57
Weekly Stochastic Crossing 48.29
20 Day Moving Average 48.23
Lower Bollinger Band 46.87
50 Day Moving Average 46.83
Monthly Trendline Resistance 44.03
Monthly Trendline Support 40.33
Sector and Industry
Description Name Rank
Sector Utilities 6
Industry Electric Utilities 45
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 46.56
Low Date 03/26/2024
High 49.35
High Date 03/28/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 43.53
Low Date 02/13/2024
High 49.35
High Date 03/28/2024
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 44.03
Support 40.33
High 50.70
High Date 12/14/2023
Low 43.53
Low Date 02/13/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 88.78
High Date 04/11/2022
Low 39.18
Low Date 10/23/2023
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 90.89
High Date 02/24/2020
Low 39.18
Low Date 10/23/2023
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.