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
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
- 9/7/2018
Sign In to see current Signals.
DIAMONDS Trust, Series 1
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are strongly overboughtStochastic has declined below the signal lineBroken trend resistance line
Daily :Stochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SAR
Move cursor over the icon to see details.

It was the negative week for the DIAMONDS Trust, Series 1 (DIA). During the week, the DIA gave back -0.26 points, or -0.10%, and closed at 259.54 on Friday, September 07, 2018. Weekly volume was -19% below average.

Long-term trend: [See DIA long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 64.78 and reached 265.93 on January 26, 2018. DIA gained -201.15 points, or -310.51%, in 464 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (193.55) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 265.93 on January 26, 2018. DIA gained -115.36 points, or -76.62%, in 126 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 255.52 and resistance is at 281.26. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See DIA weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 July 27, 2018. This is an indication that the medium-term trend is up. 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 28, 2018 at 239.83 and reached 261.77 on August 29, 2018. DIA gained -21.94 points, or -9.15%, in 62 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 254.95 and resistance is at 263.42. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.

Daily Technical Indicators: [See DIA daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.91
Williams' Percentage Range (W%R) 20.50
Lane's Stochastic (%D-Slow) 61.04
Greed/Fear Indicator (GFI) 68.15
Moving Average Converg./Diverg. (MACD) 2.03
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.72
Williams' Percentage Range (W%R) 9.20
Strong Overbought
Lane's Stochastic (%D-Slow) 90.78
Strong Overbought
Greed/Fear Indicator (GFI) 79.01
Moving Average Converg./Diverg. (MACD) 3.03
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 281.26
Upper Bollinger Band 263.75
Weekly Trendline Resistance 263.42
Parabolic System 261.81
Monthly Trendline Resistance 261.15
Weekly Stochastic Crossing 260.50
Daily Stochastic Crossing 260.34
Price 259.54
20 Day Moving Average 257.58
Quarterly Trendline Support 255.52
Weekly Trendline Support 254.95
50 Day Moving Average 253.26
Lower Bollinger Band 252.02
Monthly Trendline Support 247.29
Yearly Trendline Resistance 226.37
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 261.77
High Date 08/29/2018
Low 258.21
Low Date 09/04/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 263.42
Support 254.95
Low 239.83
Low Date 06/28/2018
High 261.77
High Date 08/29/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 261.15
Support 247.29
Low 233.20
Low Date 04/02/2018
High 261.77
High Date 08/29/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 281.26
Support 255.52
Low 150.57
Low Date 08/24/2015
High 265.93
High Date 01/26/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 226.37
Support 193.55
Low 64.78
Low Date 03/06/2009
High 265.93
High Date 01/26/2018
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© 2004-2016 All rights reserved.