The Greedy Trader Weekly Analysis
Sign In Jan 15, 2021
Skip Navigation Links
Number of records: 4
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Financial Exchanges & Data Industry Technical Analysis

Archive
- 1/8/2021 -
Sign In to see current Signals.

Moody's Corp (MCO)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger BandsThe period of low volatility of the stock pricePrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Moody's Corp (MCO). During the week, the MCO dropped -10.03 points, or -3.46%, and closed at 280.21 on Friday, January 8, 2021. Weekly volume was 6% above average.

MCO is a member of Financials Sector. Financials is the 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 MCO long-term trend chart]
A long-term uptrend had started on November 20, 2008 at 15.41 and reached 305.96 on September 2, 2020. MCO gained -290.55 points, or -1885.46%, in 614 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (121.12) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 MCO medium-term trend chart]
A medium-term uptrend had started on February 11, 2016 at 77.76 and reached 305.96 on September 2, 2020. MCO gained -228.20 points, or -293.47%, in 237 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 165.90 and resistance is at 331.54. 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 MCO weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since September 4, 2020. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See MCO short-term trend chart]
A short-term uptrend had started on October 29, 2020 at 253.17 and reached 304.64 on November 9, 2020. MCO gained -51.47 points, or -20.33%, in 11 days. The price is now at the 47.46% retracement level.

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

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 distance between the Bollinger Bands is falling, and it was 6.64% on Friday. It is 54.95% lower than one year average. It indicates the period of low volatility of the stock price. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.16
Williams' Percentage Range (W%R) 51.20
Lane's Stochastic (%D-Slow) 43.30
Greed/Fear Indicator (GFI) 47.43
Moving Average Converg./Diverg. (MACD) 1.51
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.96
Williams' Percentage Range (W%R) 43.50
Lane's Stochastic (%D-Slow) 51.17
Greed/Fear Indicator (GFI) 51.44
Moving Average Converg./Diverg. (MACD) 4.57
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 331.54
Monthly Trendline Resistance 316.11
Parabolic System 293.94
Upper Bollinger Band 290.69
Daily Stochastic Crossing 282.64
Weekly Stochastic Crossing 281.88
20 Day Moving Average 280.65
Price 280.21
50 Day Moving Average 277.79
Lower Bollinger Band 272.07
Sector and Industry
Description Name Rank
Sector Financials 11
Industry Financial Exchanges & Data 39
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 253.17
Low Date 10/29/2020
High 304.64
High Date 11/09/2020
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 305.96
High Date 09/02/2020
Low 253.17
Low Date 10/29/2020
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 316.11
Support 191.21
Low 129.26
Low Date 12/24/2018
High 305.96
High Date 09/02/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 331.54
Support 165.90
Low 77.76
Low Date 02/11/2016
High 305.96
High Date 09/02/2020
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 186.23
Support 121.12
Low 15.41
Low Date 11/20/2008
High 305.96
High Date 09/02/2020
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© 2004-2018 All rights reserved.