The Greedy Trader Weekly Analysis
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Archive
- 5/10/2019
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CurrencyShares Swiss Franc Trust
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Summary:
Weekly :Williams' Percentage Range is oversold
Daily :A Parabolic SAR indicator is above and near the priceDaily  MACD line has moved above its signal lineBullish Doji CandlestickThe price moved above the moving average in the center of the Bollinger BandsPrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was a second positive week after 5 consecutive negative weeks for the CurrencyShares Swiss Franc Trust (FXF). During the week, the FXF climbed 0.46 points, or 0.50%, and closed at 91.80 on Friday, May 10, 2019. It was the best weekly gain since March 22, 2019. Weekly volume was -44% below average.

Long-term trend: [See FXF long-term trend chart]
A long-term downtrend had started on February 15, 2018 at 102.27 and reached 90.83 on April 23, 2019. FXF lost 11.44 points, or 11.19%, in 61 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 91.24 and resistance is at 93.03. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.

Medium-term trend: [See FXF medium-term trend chart]
A medium-term downtrend had started on September 21, 2018 at 97.78 and reached 90.83 on April 23, 2019. FXF lost 6.95 points, or 7.11%, in 30 weeks. The price is now at the 13.96% retracement level.

Weekly Technical Indicators: [See FXF weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 Williams' Percentage Range help.

The weekly MACD line is below its signal line since April 12, 2019. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See FXF short-term trend chart]
A short-term uptrend had started on April 23, 2019 at 90.83 and reached 91.89 on May 10, 2019. FXF gained -1.06 points, or -1.17%, in 17 days. The price is now at the 8.49% retracement level.

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

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

A Parabolic SAR (stop and reversal) indicator (90.97) comes close to the price (91.80). 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.

Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Candlestick pattern: [See FXF candlestick chart pattern]
On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.85
Williams' Percentage Range (W%R) 53.80
Lane's Stochastic (%D-Slow) 55.28
Greed/Fear Indicator (GFI) 52.77
Moving Average Converg./Diverg. (MACD) -0.42
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.15
Williams' Percentage Range (W%R) 80.30
Oversold
Lane's Stochastic (%D-Slow) 22.37
Greed/Fear Indicator (GFI) 29.92
Moving Average Converg./Diverg. (MACD) -0.57
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 93.03
Upper Bollinger Band 92.62
50 Day Moving Average 92.39
Price 91.80
20 Day Moving Average 91.48
Daily Stochastic Crossing 91.45
Weekly Stochastic Crossing 91.30
Quarterly Trendline Support 91.24
Parabolic System 90.97
Lower Bollinger Band 90.62
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 90.83
Low Date 04/23/2019
High 91.89
High Date 05/10/2019
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 93.94
High Date 03/20/2019
Low 90.83
Low Date 04/23/2019
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 97.78
High Date 09/21/2018
Low 90.83
Low Date 04/23/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 93.03
Support 91.24
High 102.27
High Date 02/15/2018
Low 90.83
Low Date 04/23/2019
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 139.91
High Date 08/09/2011
Low 90.83
Low Date 04/23/2019
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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