The Greedy Trader Weekly Analysis
Sign In Jul 20, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 7/13/2018
Sign In to see current Signals.
General Mills
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Price is near the Fibonacci 38.2% retracement level
Daily :Broken trend resistance lineA Parabolic SAR indicator is below and near the price
Move cursor over the icon to see details.

It was the negative week for the General Mills (GIS). During the week, the GIS gave back -0.13 points, or -0.29%, and closed at 44.91 on Friday, July 13, 2018. Weekly volume was -12% below average.

Long-term trend: [See GIS long-term trend chart]
A long-term downtrend had started on July 6, 2016 at 72.95 and reached 41.01 on May 3, 2018. GIS lost 31.94 points, or 43.78%, in 95 weeks. The price is now at the 12.21% retracement level.

Medium-term trend: [See GIS medium-term trend chart]
A medium-term uptrend had started on May 3, 2018 at 41.01 and reached 47.14 on June 27, 2018. GIS gained -6.13 points, or -14.95%, in 7 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Weekly Technical Indicators: [See GIS weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since June 15, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See GIS short-term trend chart]
A short-term downtrend had started on June 27, 2018 at 47.14 and reached 43.36 on July 2, 2018. GIS lost 3.78 points, or 8.02%, in 5 days. The chart has formed a Falling Pennant chart pattern. The downtrend resistance line (44.06) 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 short-term trend.

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

The daily MACD line is below its signal line since June 28, 2018. 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.

A Parabolic SAR (stop and reversal) indicator (45.1) comes close to the price (44.91). 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 47.66
Williams' Percentage Range (W%R) 64.50
Lane's Stochastic (%D-Slow) 49.05
Greed/Fear Indicator (GFI) 44.05
Moving Average Converg./Diverg. (MACD) 0.27
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 47.64
Williams' Percentage Range (W%R) 75.90
Lane's Stochastic (%D-Slow) 66.51
Greed/Fear Indicator (GFI) 46.98
Moving Average Converg./Diverg. (MACD) -2.84
Trading Signals
Description Value Chart
Upper Bollinger Band 45.83
Parabolic System 45.10
Weekly Stochastic Crossing 45.07
Price 44.91
20 Day Moving Average 44.85
Daily Stochastic Crossing 44.53
Weekly Trendline Support 44.06
Weekly Trendline Resistance 43.97
50 Day Moving Average 43.57
Lower Bollinger Band 43.20
Sector and Industry
Description Name Rank
Sector Consumer Goods 4
Industry Food - Major Diversified 99
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 43.36
Low Date 07/02/2018
High 45.41
High Date 07/06/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Pennant
Status Broken Resistance
Resistance 43.97
Support 44.06
High 47.14
High Date 06/27/2018
Low 43.36
Low Date 07/02/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 41.01
Low Date 05/03/2018
High 47.14
High Date 06/27/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 60.69
High Date 01/25/2018
Low 41.01
Low Date 05/03/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 72.95
High Date 07/06/2016
Low 41.01
Low Date 05/03/2018
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© 2004-2016 All rights reserved.