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 - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

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

Patterson Companies Inc. (PDCO)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold industryWilliams' Percentage Range and Lane's Stochastic are oversoldStochastic has raised above the signal line
Daily :Williams' Percentage Range is oversold
Move cursor over the icon to see details.

It was the negative week for the Patterson Companies Inc. (PDCO). During the week, the PDCO dropped -0.94 points, or -4.89%, and closed at 18.30 on Friday, August 9, 2019. Weekly volume was -9% below average.

PDCO is a member of Medical Equip. Wholesale Industry. Medical Equip. Wholesale is the ninth most oversold industry. 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 PDCO long-term trend chart]
A long-term downtrend had started on November 27, 2018 at 26.60 and reached 17.35 on August 7, 2019. PDCO lost 9.25 points, or 34.77%, in 36 weeks. The price is now at the 10.27% retracement level.

Medium-term trend: [See PDCO medium-term trend chart]
A medium-term downtrend had started on June 26, 2019 at 25.25 and reached 17.35 on August 7, 2019. PDCO lost 7.90 points, or 31.29%, in 6 weeks. The price is now at the 12.03% retracement level.

Weekly Technical Indicators: [See PDCO 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. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 July 12, 2019. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See PDCO short-term trend chart]
A short-term uptrend had started on August 7, 2019 at 17.35 and reached 18.43 on August 9, 2019. PDCO gained -1.08 points, or -6.22%, in 2 days. The price is now at the 12.04% retracement level.

Daily Technical Indicators: [See PDCO daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range.

The daily MACD line is below its signal line since June 28, 2019.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.46
Williams' Percentage Range (W%R) 80.50
Oversold
Lane's Stochastic (%D-Slow) 20.45
Greed/Fear Indicator (GFI) 23.80
Moving Average Converg./Diverg. (MACD) -0.84
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 29.28
Williams' Percentage Range (W%R) 89.10
Oversold
Lane's Stochastic (%D-Slow) 10.19
Oversold
Greed/Fear Indicator (GFI) 20.31
Moving Average Converg./Diverg. (MACD) -0.36
Trading Signals
Description Value Chart
Upper Bollinger Band 21.62
50 Day Moving Average 21.32
20 Day Moving Average 19.60
Parabolic System 19.06
Price 18.30
Daily Stochastic Crossing 18.02
Weekly Stochastic Crossing 17.89
Lower Bollinger Band 17.59
Sector and Industry
Description Name Rank
Sector Services 7
Industry Medical Equip. Wholesale 9
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 17.35
Low Date 08/07/2019
High 18.43
High Date 08/09/2019
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 17.35
Low Date 08/07/2019
High 18.43
High Date 08/09/2019
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 25.25
High Date 06/26/2019
Low 17.35
Low Date 08/07/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 26.60
High Date 11/27/2018
Low 17.35
Low Date 08/07/2019
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 53.07
High Date 08/18/2015
Low 17.35
Low Date 08/07/2019
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.