The Greedy Trader Weekly Analysis
Sign In Mar 22, 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
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 3/15/2019
Sign In to see current Signals.
iShares MSCI Emerg Mkts Index
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overboughtStochastic signal line moved below overbought areaBroken trend resistance line
Daily :The price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week for the iShares MSCI Emerg Mkts Index (EEM). During the week, the EEM gained 1.44 points, or 3.46%, and closed at 43.09 on Friday, March 15, 2019. It was the best weekly gain since November 2, 2018. Weekly volume was -8% below average.

Long-term trend: [See EEM long-term trend chart]
A long-term downtrend had started on January 26, 2018 at 52.08 and reached 37.58 on October 29, 2018. EEM lost 14.50 points, or 27.84%, in 39 weeks. The chart has formed a Falling Pennant chart pattern. The downtrend resistance line (38.68) is broken. A broken support is considered to be a long-term bullish signal. 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 EEM medium-term trend chart]
A medium-term uptrend had started on October 29, 2018 at 37.58 and reached 43.73 on February 25, 2019. EEM gained -6.15 points, or -16.37%, in 17 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 38.68 and resistance is at 44.13. 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 medium-term trend.

Weekly Technical Indicators: [See EEM weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. 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 January 4, 2019. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See EEM short-term trend chart]
A short-term downtrend had started on February 25, 2019 at 43.73 and reached 41.39 on March 8, 2019. EEM lost 2.34 points, or 5.35%, in 11 days. The chart has formed a Broadening Descending Wedge chart pattern.

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

The daily MACD line is below its signal line since February 27, 2019. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 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) 45.55
Williams' Percentage Range (W%R) 37.60
Lane's Stochastic (%D-Slow) 74.68
Greed/Fear Indicator (GFI) 60.87
Moving Average Converg./Diverg. (MACD) 0.19
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.10
Williams' Percentage Range (W%R) 14.30
Overbought
Lane's Stochastic (%D-Slow) 78.90
Greed/Fear Indicator (GFI) 74.31
Moving Average Converg./Diverg. (MACD) -0.45
Trading Signals
Description Value Chart
Monthly Trendline Resistance 44.13
Upper Bollinger Band 43.40
Weekly Stochastic Crossing 43.10
Price 43.09
Daily Stochastic Crossing 42.77
20 Day Moving Average 42.64
50 Day Moving Average 41.97
Lower Bollinger Band 41.63
Parabolic System 41.45
Quarterly Trendline Resistance 38.96
Quarterly Trendline Support 38.68
Monthly Trendline Support 38.68
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
High 43.73
High Date 02/25/2019
Low 41.39
Low Date 03/08/2019
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 38.04
Low Date 12/26/2018
High 43.73
High Date 02/25/2019
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 44.13
Support 38.68
Low 37.58
Low Date 10/29/2018
High 43.73
High Date 02/25/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Pennant
Status Broken Resistance
Resistance 38.96
Support 38.68
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.