The Greedy Trader Weekly Analysis
Sign In Aug 16, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Symbol:  

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

Archive
- 8/9/2019 -
Sign In to see current Signals.

Pitney-Bowes (PBI)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is oversold
Daily :Daily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a first positive week after 4 consecutive negative weeks for the Pitney-Bowes (PBI). During the week, the PBI gained 0.12 points, or 3.23%, and closed at 3.83 on Friday, August 9, 2019. It was the best weekly gain since June 28, 2019. Weekly volume was 50% above average.

Long-term trend: [See PBI long-term trend chart]
A long-term downtrend had started on July 15, 2014 at 28.37 and reached 3.29 on August 5, 2019. PBI lost 25.08 points, or 88.40%, in 263 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 2.00 and resistance is at 6.98. A Falling 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 Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.

Medium-term trend: [See PBI medium-term trend chart]
A medium-term downtrend had started on February 22, 2019 at 8.32 and reached 3.29 on August 5, 2019. PBI lost 5.03 points, or 60.46%, in 23 weeks. The price is now at the 10.74% retracement level.

Weekly Technical Indicators: [See PBI 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 May 3, 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 PBI short-term trend chart]
A short-term downtrend had started on June 13, 2019 at 4.49 and reached 3.29 on August 5, 2019. PBI lost 1.20 points, or 26.73%, in 53 days. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 3.23 and resistance is at 4.43. A Broadening Descending 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 Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See PBI 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.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.07
Williams' Percentage Range (W%R) 39.50
Lane's Stochastic (%D-Slow) 51.00
Greed/Fear Indicator (GFI) 53.51
Moving Average Converg./Diverg. (MACD) -0.10
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 27.01
Williams' Percentage Range (W%R) 80.40
Oversold
Lane's Stochastic (%D-Slow) 38.15
Greed/Fear Indicator (GFI) 33.20
Moving Average Converg./Diverg. (MACD) -0.80
Trading Signals
Description Value Chart
Weekly Trendline Resistance 4.43
Upper Bollinger Band 4.27
50 Day Moving Average 4.08
Daily Stochastic Crossing 4.03
20 Day Moving Average 3.94
Price 3.83
Weekly Stochastic Crossing 3.80
Lower Bollinger Band 3.67
Parabolic System 3.36
Weekly Trendline Support 3.23
Sector and Industry
Description Name Rank
Sector Consumer Goods 5
Industry Business Equipment 24
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 3.29
Low Date 08/05/2019
High 4.58
High Date 08/06/2019
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Right-Angled, Descending Wedge
Status Valid
Resistance 4.43
Support 3.23
High 4.49
High Date 06/13/2019
Low 3.29
Low Date 08/05/2019
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 8.32
High Date 02/22/2019
Low 3.29
Low Date 08/05/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 14.80
High Date 01/31/2018
Low 3.29
Low Date 08/05/2019
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 6.98
Support 2.00
High 28.37
High Date 07/15/2014
Low 3.29
Low Date 08/05/2019
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.

Copyright© 2004-2018 All rights reserved.