The Greedy Trader Weekly Analysis
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Monthly Price vs. Trendline:Testing Resistance
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Trend Line Resistance Trend Line Support Resistance.

Trendline support resistance provides an excellent buy/sell signals in trending market. On an uptrend, buy around the support trend line level and place a stop order below the trend line support. Take profit on the trend line resistance level. Reverse the technique in a downtrend. Short around the resistance trend line level and place a stop order above the trend line resistance.

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- 4/5/2024 -
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Kimco Realty Corp. (KIM) Technical Analysis

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Summary:
Weekly :Oversold sectorBroken trend resistance lineWilliams' Percentage Range and Lane's Stochastic are oversoldLane's Stochastic bullish divergencePrice is near the Fibonacci 23.6% retracement level
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARLane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Kimco Realty Corp. (KIM). During the week, the KIM dropped -1.10 points, or -5.61%, and closed at 18.51 on Friday, April 5, 2024. KIM was trading at average weekly trading volume.

KIM is a member of Real Estate Sector. Real Estate is the second most oversold 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 KIM long-term trend chart]
A long-term downtrend had started on April 28, 2022 at 26.57 and reached 16.34 on October 25, 2023. KIM lost 10.23 points, or 38.50%, in 77 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Medium-term trend: [See KIM medium-term trend chart]
A medium-term downtrend had started on December 14, 2023 at 22.84 and reached 18.24 on April 5, 2024. KIM lost 4.60 points, or 20.14%, in 16 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (18.23) 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 medium-term trend.

Weekly Technical Indicators: [See KIM 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. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 February 16, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See KIM short-term trend chart]
A short-term downtrend had started on March 28, 2024 at 19.66 and reached 18.24 on April 5, 2024. KIM lost 1.42 points, or 7.22%, in 8 days. The price is now at the 19.01% retracement level.

Daily Technical Indicators: [See KIM daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range.

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

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) 44.99
Williams' Percentage Range (W%R) 93.40
Strong Oversold
Lane's Stochastic (%D-Slow) 13.15
Oversold
Greed/Fear Indicator (GFI) 21.57
Moving Average Converg./Diverg. (MACD) -0.19
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 24.07
Williams' Percentage Range (W%R) 84.60
Oversold
Lane's Stochastic (%D-Slow) 19.53
Oversold Bullish
Greed/Fear Indicator (GFI) 25.45
Moving Average Converg./Diverg. (MACD) 0.16
Trading Signals
Description Value Chart
Upper Bollinger Band 19.79
50 Day Moving Average 19.57
Parabolic System 19.55
20 Day Moving Average 19.11
Weekly Stochastic Crossing 18.66
Price 18.51
Lower Bollinger Band 18.44
Daily Stochastic Crossing 18.36
Monthly Trendline Support 18.23
Monthly Trendline Resistance 17.97
Sector and Industry
Description Name Rank
Sector Real Estate 2
Industry Retail REITs 12
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 19.66
High Date 03/28/2024
Low 18.24
Low Date 04/05/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 19.76
High Date 03/21/2024
Low 18.24
Low Date 04/05/2024
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 17.97
Support 18.23
High 22.84
High Date 12/14/2023
Low 18.24
Low Date 04/05/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 16.34
Low Date 10/25/2023
High 22.84
High Date 12/14/2023
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 26.57
High Date 04/28/2022
Low 16.34
Low Date 10/25/2023
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.