The Greedy Trader Weekly Analysis
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Number of records: 10
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Entergy Corp.
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Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range and Lane's Stochastic are strongly overboughtTrend resistance at 93.83
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
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It was a first positive week for the Entergy Corp. (ETR). During the week, the ETR gained 2.17 points, or 2.35%, and closed at 94.66 on Friday, March 15, 2019. Weekly volume was 75% above average.

ETR is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See ETR long-term trend chart]
A long-term uptrend had started on September 4, 2015 at 61.27 and reached 95.63 on March 14, 2019. ETR gained -34.36 points, or -56.08%, in 183 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (93.83). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See ETR medium-term trend chart]
A medium-term uptrend had started on February 6, 2018 at 71.95 and reached 95.63 on March 14, 2019. ETR gained -23.68 points, or -32.91%, in 57 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (85.29) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 medium-term trend.

Weekly Technical Indicators: [See ETR 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. 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 25, 2019. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See ETR short-term trend chart]
A short-term uptrend had started on December 26, 2018 at 82.06 and reached 95.63 on March 14, 2019. ETR gained -13.57 points, or -16.54%, in 78 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 92.89 and resistance is at 95.56. 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 short-term trend.

Daily Technical Indicators: [See ETR 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.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.82
Williams' Percentage Range (W%R) 15.00
Overbought
Lane's Stochastic (%D-Slow) 88.41
Overbought
Greed/Fear Indicator (GFI) 80.74
Overbought
Moving Average Converg./Diverg. (MACD) 1.29
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.82
Williams' Percentage Range (W%R) 7.00
Strong Overbought
Lane's Stochastic (%D-Slow) 91.99
Strong Overbought
Greed/Fear Indicator (GFI) 81.60
Overbought
Moving Average Converg./Diverg. (MACD) 1.92
Trading Signals
Description Value Chart
Weekly Trendline Resistance 95.56
Upper Bollinger Band 95.56
Daily Stochastic Crossing 95.05
Weekly Stochastic Crossing 94.83
Price 94.66
Quarterly Trendline Resistance 93.83
Weekly Trendline Support 92.89
20 Day Moving Average 92.71
Monthly Trendline Resistance 92.52
Parabolic System 92.46
Lower Bollinger Band 89.77
50 Day Moving Average 89.59
Monthly Trendline Support 85.29
Quarterly Trendline Support 76.63
Sector and Industry
Description Name Rank
Sector Utilities 9
Industry Electric Utilities 141
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 91.60
Low Date 03/08/2019
High 95.63
High Date 03/14/2019
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 95.56
Support 92.89
Low 82.06
Low Date 12/26/2018
High 95.63
High Date 03/14/2019
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 92.52
Support 85.29
Low 71.95
Low Date 02/06/2018
High 95.63
High Date 03/14/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 93.83
Support 76.63
Low 61.27
Low Date 09/04/2015
High 95.63
High Date 03/14/2019
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 57.60
Low Date 08/09/2011
High 95.63
High Date 03/14/2019
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.

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