The Greedy Trader Weekly Analysis
Sign In Jun 23, 2017
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: 8
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 6/16/2017
Sign In to see current Signals.
DIAMONDS Trust, Series 1
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtStochastic has declined below the signal lineA Parabolic SAR indicator is above and near the price
Move cursor over the icon to see details.

It was a fourth consecutive positive week for the DIAMONDS Trust, Series 1 (DIA). During the week, the DIA climbed 0.89 points, or 0.42%, and closed at 213.56 on Friday, June 16, 2017. DIA was trading at average weekly trading volume.

Long-term trend: [See DIA long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 64.78 and reached 214.00 on June 14, 2017. DIA gained -149.22 points, or -230.35%, in 431 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (177.17) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 DIA medium-term trend chart]
A medium-term uptrend had started on August 24, 2015 at 150.57 and reached 214.00 on June 14, 2017. DIA gained -63.43 points, or -42.13%, in 94 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (193.20) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 DIA 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. 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 below its signal line since March 31, 2017. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See DIA short-term trend chart]
A short-term uptrend had started on May 18, 2017 at 205.86 and reached 214.00 on June 14, 2017. DIA gained -8.14 points, or -3.95%, in 27 days. The price is now at the 5.41% retracement level.

Daily Technical Indicators: [See DIA daily technical indicators chart]
Daily 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 daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal.

The daily MACD line is above its signal line since May 24, 2017. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

A Parabolic SAR (stop and reversal) indicator (212.61) comes close to the price (213.56). 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 74.04
Williams' Percentage Range (W%R) 9.00
Strong Overbought
Lane's Stochastic (%D-Slow) 89.95
Overbought
Greed/Fear Indicator (GFI) 84.99
Overbought
Moving Average Converg./Diverg. (MACD) 1.08
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.47
Williams' Percentage Range (W%R) 4.10
Strong Overbought
Lane's Stochastic (%D-Slow) 86.98
Overbought
Greed/Fear Indicator (GFI) 80.93
Overbought
Moving Average Converg./Diverg. (MACD) 4.98
Trading Signals
Description Value Chart
Upper Bollinger Band 214.94
Daily Stochastic Crossing 213.77
Price 213.56
Weekly Stochastic Crossing 213.17
Parabolic System 212.61
20 Day Moving Average 211.32
Yearly Trendline Resistance 209.99
50 Day Moving Average 209.20
Lower Bollinger Band 208.23
Quarterly Trendline Resistance 193.47
Quarterly Trendline Support 193.20
Yearly Trendline Support 177.17
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 205.86
Low Date 05/18/2017
High 214.00
High Date 06/14/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 203.64
Low Date 04/19/2017
High 214.00
High Date 06/14/2017
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 154.38
Low Date 01/20/2016
High 214.00
High Date 06/14/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 193.47
Support 193.20
Low 150.57
Low Date 08/24/2015
High 214.00
High Date 06/14/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 209.99
Support 177.17
Low 64.78
Low Date 03/06/2009
High 214.00
High Date 06/14/2017
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.