The Greedy Trader Weekly Analysis
Sign In May 17, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 5/10/2019
Sign In to see current Signals.
Viacom Inc.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :The price has risen above the Parabolic SARPrice has crossed above the 50 Day Moving AveragePrice is near the Fibonacci 23.6% retracement levelThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week after 3 consecutive negative weeks for the Viacom Inc. (VIAB). During the week, the VIAB gained 0.65 points, or 2.27%, and closed at 29.25 on Friday, May 10, 2019. VIAB was trading at average weekly trading volume.

Long-term trend: [See VIAB long-term trend chart]
A long-term uptrend had started on November 16, 2017 at 22.13 and reached 35.55 on January 12, 2018. VIAB gained -13.42 points, or -60.64%, in 8 weeks. The chart has formed a Rectangle chart pattern. The trend support level is at 27.23 and resistance is at 40.89. A rectangle chart pattern is characterized as a short-term horizontal channel and represents a trading range and indecision area that is usually resolves in the direction of the main trend. Chart analysis usually considers a rectangle pattern a continuation formation, but it can also mark significant top and bottom. A rectangle pattern within younger parent trend has more chances to mark a continuation. Use the following link to access a Rectangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rectangle pattern in a long-term trend.

Medium-term trend: [See VIAB medium-term trend chart]
A medium-term downtrend had started on September 27, 2018 at 34.44 and reached 23.31 on December 27, 2018. VIAB lost 11.13 points, or 32.32%, in 13 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (25.75) 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 VIAB weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since April 5, 2019. 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 VIAB short-term trend chart]
A short-term uptrend had started on March 22, 2019 at 24.85 and reached 30.70 on April 17, 2019. VIAB gained -5.85 points, or -23.54%, in 26 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

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

The daily MACD line is below its signal line since April 22, 2019. The distance between MACD and the signal line is low and getting smaller.

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.

During the last week, the price has moved above 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.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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) 53.22
Williams' Percentage Range (W%R) 65.30
Lane's Stochastic (%D-Slow) 43.20
Greed/Fear Indicator (GFI) 43.72
Moving Average Converg./Diverg. (MACD) -0.02
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.84
Williams' Percentage Range (W%R) 27.00
Lane's Stochastic (%D-Slow) 78.29
Greed/Fear Indicator (GFI) 67.61
Moving Average Converg./Diverg. (MACD) -0.35
Trading Signals
Description Value Chart
Upper Bollinger Band 30.33
Weekly Stochastic Crossing 29.32
20 Day Moving Average 29.30
Price 29.25
50 Day Moving Average 28.85
Daily Stochastic Crossing 28.52
Monthly Trendline Resistance 28.23
Parabolic System 27.82
Lower Bollinger Band 27.68
Quarterly Trendline Support 27.23
Monthly Trendline Support 25.75
Sector and Industry
Description Name Rank
Sector Services 7
Industry Entertainment - Divrsfied 39
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 24.85
Low Date 03/22/2019
High 30.70
High Date 04/17/2019
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 23.31
Low Date 12/27/2018
High 30.89
High Date 02/05/2019
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 28.23
Support 25.75
High 34.44
High Date 09/27/2018
Low 23.31
Low Date 12/27/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rectangle
Status Valid
Resistance 40.89
Support 27.23
Low 22.13
Low Date 11/16/2017
High 35.55
High Date 01/12/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 89.76
High Date 07/16/2014
Low 22.13
Low Date 11/16/2017
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.