The Greedy Trader Weekly Analysis
Sign In Aug 10, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 4
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 8/3/2018
Sign In to see current Signals.
iPath Dow Jones-AIG Commodity Idx TR ETN
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Lane's Stochastic is oversold
Daily :Stochastic has declined below the signal lineA Parabolic SAR indicator is above and near the pricePrice is near the Fibonacci 23.6% 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 second positive week after 8 consecutive negative weeks for the iPath Dow Jones-AIG Commodity Idx TR ETN (DJP). During the week, the DJP climbed 0.03 points, or 0.13%, and closed at 23.60 on Friday, August 03, 2018. Weekly volume was 116% above average.

Long-term trend: [See DJP long-term trend chart]
A long-term uptrend had started on June 22, 2017 at 21.61 and reached 25.80 on May 29, 2018. DJP gained -4.19 points, or -19.39%, in 48 weeks. The price is now at the 52.51% retracement level.

Medium-term trend: [See DJP medium-term trend chart]
A medium-term downtrend had started on May 29, 2018 at 25.80 and reached 22.69 on July 18, 2018. DJP lost 3.11 points, or 12.05%, in 7 weeks. The price is now at the 29.26% retracement level.

Weekly Technical Indicators: [See DJP weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Lane's Stochastic help.

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

Short-term trend: [See DJP short-term trend chart]
A short-term uptrend had started on July 18, 2018 at 22.69 and reached 23.86 on July 31, 2018. DJP gained -1.17 points, or -5.16%, in 13 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See DJP daily technical indicators chart]
Daily technical indicators are neutral. 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 July 23, 2018. This is an indication that the short-term trend is up.

A Parabolic SAR (stop and reversal) indicator (23.45) comes close to the price (23.60). 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.

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) 68.18
Williams' Percentage Range (W%R) 45.50
Lane's Stochastic (%D-Slow) 63.26
Greed/Fear Indicator (GFI) 61.97
Moving Average Converg./Diverg. (MACD) -0.22
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 28.79
Williams' Percentage Range (W%R) 74.60
Lane's Stochastic (%D-Slow) 15.91
Oversold
Greed/Fear Indicator (GFI) 27.29
Moving Average Converg./Diverg. (MACD) 0.05
Trading Signals
Description Value Chart
Upper Bollinger Band 24.18
50 Day Moving Average 24.17
Daily Stochastic Crossing 23.61
Price 23.60
Parabolic System 23.45
20 Day Moving Average 23.39
Weekly Stochastic Crossing 23.14
Lower Bollinger Band 22.97
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 23.29
Low Date 08/02/2018
High 23.68
High Date 08/03/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 22.69
Low Date 07/18/2018
High 23.86
High Date 07/31/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 25.80
High Date 05/29/2018
Low 22.69
Low Date 07/18/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 21.61
Low Date 06/22/2017
High 25.80
High Date 05/29/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 19.50
Low Date 01/20/2016
High 25.80
High Date 05/29/2018
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.