The Greedy Trader Weekly Analysis
Sign In Jun 21, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   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
- 6/14/2019
Sign In to see current Signals.
DIAMONDS Trust, Series 1
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtPrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was a second positive week after 6 consecutive negative weeks for the DIAMONDS Trust, Series 1 (DIA). During the week, the DIA climbed 1.26 points, or 0.48%, and closed at 261.51 on Friday, June 14, 2019. Weekly volume was -45% below average.

Long-term trend: [See DIA long-term trend chart]
A long-term uptrend had started on December 26, 2018 at 216.97 and reached 266.86 on April 23, 2019. DIA gained -49.89 points, or -22.99%, in 16 weeks. The price is now at the 10.72% retracement level.

Medium-term trend: [See DIA medium-term trend chart]
A medium-term downtrend had started on April 23, 2019 at 266.86 and reached 247.04 on June 3, 2019. DIA lost 19.82 points, or 7.43%, in 5 weeks. The price is now at the 73.01% retracement level.

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

The weekly MACD line is below its signal line since May 17, 2019. 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 DIA short-term trend chart]
A short-term uptrend had started on June 3, 2019 at 247.04 and reached 262.87 on June 11, 2019. DIA gained -15.83 points, or -6.41%, in 8 days. The price is now at the 8.59% retracement level.

Daily Technical Indicators: [See DIA daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is above its signal line since June 5, 2019. This is an indication that the short-term trend is up.

Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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) 61.43
Williams' Percentage Range (W%R) 10.30
Overbought
Lane's Stochastic (%D-Slow) 88.62
Overbought
Greed/Fear Indicator (GFI) 79.92
Moving Average Converg./Diverg. (MACD) -0.58
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.04
Williams' Percentage Range (W%R) 23.50
Lane's Stochastic (%D-Slow) 37.11
Greed/Fear Indicator (GFI) 55.31
Moving Average Converg./Diverg. (MACD) 2.44
Trading Signals
Description Value Chart
Upper Bollinger Band 266.15
Daily Stochastic Crossing 261.83
Price 261.51
50 Day Moving Average 260.07
20 Day Moving Average 256.37
Weekly Stochastic Crossing 254.67
Parabolic System 254.48
Lower Bollinger Band 249.89
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 247.04
Low Date 06/03/2019
High 262.87
High Date 06/11/2019
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 266.86
High Date 04/23/2019
Low 247.04
Low Date 06/03/2019
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 216.97
Low Date 12/26/2018
High 266.86
High Date 04/23/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 150.57
Low Date 08/24/2015
High 269.28
High Date 10/03/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 64.78
Low Date 03/06/2009
High 269.28
High Date 10/03/2018
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© 2004-2018 All rights reserved.