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.
iShares MSCI Emerg Mkts Index
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Lane's Stochastic is oversold
Daily :The price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the iShares MSCI Emerg Mkts Index (EEM). During the week, the EEM gave back -0.08 points, or -0.19%, and closed at 41.10 on Friday, June 14, 2019. Weekly volume was -18% below average.

Long-term trend: [See EEM long-term trend chart]
A long-term uptrend had started on October 29, 2018 at 37.58 and reached 44.84 on April 17, 2019. EEM gained -7.26 points, or -19.32%, in 24 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 39.42 and resistance is at 46.01. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See EEM medium-term trend chart]
A medium-term downtrend had started on April 17, 2019 at 44.84 and reached 39.75 on May 23, 2019. EEM lost 5.09 points, or 11.35%, in 5 weeks. The price is now at the 26.52% retracement level.

Weekly Technical Indicators: [See EEM 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 May 10, 2019. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See EEM short-term trend chart]
A short-term uptrend had started on May 23, 2019 at 39.75 and reached 42.22 on June 11, 2019. EEM gained -2.47 points, or -6.21%, in 19 days. The chart has formed a Broadening Ascending Wedge chart pattern.

Daily Technical Indicators: [See EEM daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since May 30, 2019. This is an indication that the short-term trend is up.

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.

During the last week, the price has declined below 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) 65.25
Williams' Percentage Range (W%R) 37.60
Lane's Stochastic (%D-Slow) 66.85
Greed/Fear Indicator (GFI) 64.82
Moving Average Converg./Diverg. (MACD) -0.33
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 47.48
Williams' Percentage Range (W%R) 69.70
Lane's Stochastic (%D-Slow) 18.88
Oversold
Greed/Fear Indicator (GFI) 30.87
Moving Average Converg./Diverg. (MACD) 0.07
Trading Signals
Description Value Chart
Monthly Trendline Resistance 46.01
Upper Bollinger Band 42.49
50 Day Moving Average 42.39
Parabolic System 42.26
Daily Stochastic Crossing 41.63
Price 41.10
20 Day Moving Average 40.81
Weekly Stochastic Crossing 40.72
Lower Bollinger Band 40.10
Monthly Trendline Support 39.42
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Low 39.75
Low Date 05/23/2019
High 42.22
High Date 06/11/2019
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 44.84
High Date 04/17/2019
Low 39.75
Low Date 05/23/2019
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 46.01
Support 39.42
Low 37.58
Low Date 10/29/2018
High 44.84
High Date 04/17/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 52.08
High Date 01/26/2018
Low 37.58
Low Date 10/29/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 18.22
Low Date 11/20/2008
High 52.08
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© 2004-2018 All rights reserved.