The Greedy Trader Weekly Analysis
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Daily RSI:< 20
Number of records: 3
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Relative Strength Index (RSI Indicator)

The Relative Strength Index is a popular momentum oscillator, developed by Welles Wilder, Jr. It is one of the most widely used technical indicators. Relative Strength Index compares upward vs. downward movements in closing over a selected period. The RSI Indicator fluctuates from 0% to 100%. A stock with RSI Indicator higher than 70% is considered overbought and lower than 30% - oversold. A good rule is to adjust overbought/oversold index range to 80% in bull and to 20% in bear markets. Relative Strength Index can provide an early warning, but not the final signal. It should be used in conjunction with other stock picking techniques. The divergence between RSI Indicator and underlying stock price is the most important signal provided by RSI, and it can be an indication of an impending reversal. Using the RSI divergence (bullish and bearish), chart patterns, trendlines, support, and resistance lines along with the RSI Indicator chart can be very useful.

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- 3/15/2024 -
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Expedia Inc. (EXPE) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :The price is below the lower Bollinger BandThe price has risen above the Parabolic SARThe Bollinger Bands are historically close together
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It was the negative week for the Expedia Inc. (EXPE). During the week, the EXPE dropped -2.31 points, or -1.70%, and closed at 133.47 on Friday, March 15, 2024. Weekly volume was -17% below average.

Long-term trend: [See EXPE long-term trend chart]
A long-term downtrend had started on February 16, 2022 at 217.72 and reached 82.39 on December 22, 2022. EXPE lost 135.33 points, or 62.16%, in 44 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (101.32) 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 EXPE medium-term trend chart]
A medium-term uptrend had started on May 4, 2023 at 87.94 and reached 160.05 on February 8, 2024. EXPE gained -72.11 points, or -82.00%, in 40 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 95.82 and resistance is at 167.09. 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 EXPE weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since February 16, 2024. Use the following link to access a MACD help.

Short-term trend: [See EXPE short-term trend chart]
A short-term uptrend had started on March 7, 2024 at 131.41 and reached 138.13 on March 12, 2024. EXPE gained -6.72 points, or -5.11%, in 5 days. The price is now at the 69.35% retracement level.

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

The daily MACD line is above its signal line since March 7, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

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.

The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The distance between the Bollinger Bands (4.35%) is close to one year low (4.83%). It is 72.57% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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) 45.48
Williams' Percentage Range (W%R) 55.60
Lane's Stochastic (%D-Slow) 63.17
Greed/Fear Indicator (GFI) 51.02
Moving Average Converg./Diverg. (MACD) -2.43
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.95
Williams' Percentage Range (W%R) 37.20
Lane's Stochastic (%D-Slow) 27.37
Greed/Fear Indicator (GFI) 44.87
Moving Average Converg./Diverg. (MACD) 9.12
Trading Signals
Description Value Chart
50 Day Moving Average 142.91
Upper Bollinger Band 139.70
20 Day Moving Average 135.55
Weekly Stochastic Crossing 135.55
Daily Stochastic Crossing 135.29
Lower Bollinger Band 133.90
Price 133.47
Parabolic System 131.68
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 7
Industry Internet & Direct Marketing Retail 63
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 131.41
Low Date 03/07/2024
High 138.13
High Date 03/12/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 160.05
High Date 02/08/2024
Low 126.05
Low Date 02/09/2024
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 167.09
Support 95.82
Low 87.94
Low Date 05/04/2023
High 160.05
High Date 02/08/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 82.39
Low Date 12/22/2022
High 160.05
High Date 02/08/2024
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 17.17
Support 101.32
High 217.72
High Date 02/16/2022
Low 82.39
Low Date 12/22/2022
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.