The Greedy Trader Weekly Analysis
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Number of records: 7
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Gap (The)
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Summary:
Weekly :Overbought sectorWilliams' Percentage Range and Lane's Stochastic are oversold
Daily :The price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the Gap (The) (GPS). During the week, the GPS dropped -1.26 points, or -4.37%, and closed at 27.59 on Friday, October 05, 2018. GPS was trading at average weekly trading volume.

GPS is a member of Services Sector. Services is the second 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 GPS long-term trend chart]
A long-term uptrend had started on May 18, 2016 at 17.00 and reached 35.68 on January 23, 2018. GPS gained -18.68 points, or -109.88%, in 87 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 26.23 and resistance is at 37.82. 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 long-term trend.

Medium-term trend: [See GPS medium-term trend chart]
A medium-term downtrend had started on January 23, 2018 at 35.68 and reached 26.37 on October 4, 2018. GPS lost 9.31 points, or 26.09%, in 36 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 26.36 and resistance is at 32.55. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See GPS weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 below its signal line since July 6, 2018. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See GPS short-term trend chart]
A short-term uptrend had started on October 4, 2018 at 26.37 and reached 27.71 on October 5, 2018. GPS gained -1.34 points, or -5.08%, in 1 days. The price is now at the 8.96% retracement level.

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

The daily MACD line is above its signal line since September 25, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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 declined below 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) 56.00
Williams' Percentage Range (W%R) 74.80
Lane's Stochastic (%D-Slow) 36.72
Greed/Fear Indicator (GFI) 39.29
Moving Average Converg./Diverg. (MACD) -0.59
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 32.14
Williams' Percentage Range (W%R) 90.00
Oversold
Lane's Stochastic (%D-Slow) 15.70
Oversold
Greed/Fear Indicator (GFI) 23.93
Moving Average Converg./Diverg. (MACD) -0.20
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 32.55
Monthly Trendline Resistance 31.48
50 Day Moving Average 29.57
Upper Bollinger Band 29.52
Parabolic System 28.74
20 Day Moving Average 27.92
Price 27.59
Weekly Stochastic Crossing 27.23
Daily Stochastic Crossing 27.06
Lower Bollinger Band 26.96
Monthly Trendline Support 26.91
Quarterly Trendline Support 26.36
Yearly Trendline Support 26.23
Sector and Industry
Description Name Rank
Sector Services 8
Industry Apparel Stores 59
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 26.37
Low Date 10/04/2018
High 27.71
High Date 10/05/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 26.37
Low Date 10/04/2018
High 27.71
High Date 10/05/2018
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 31.48
Support 26.91
High 34.21
High Date 06/22/2018
Low 26.37
Low Date 10/04/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 32.55
Support 26.36
High 35.68
High Date 01/23/2018
Low 26.37
Low Date 10/04/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 37.82
Support 26.23
Low 17.00
Low Date 05/18/2016
High 35.68
High Date 01/23/2018
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.

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