The Greedy Trader Weekly Analysis
Sign In Mar 22, 2024
Skip Navigation Links
Number of records: 0
Share
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
- 3/15/2024 -
Sign In to see current Signals.

Gap (The) (GPS) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range is overboughtLane's Stochastic is strongly overbought20 Day Moving Average has crossed above the 50 Day Moving Average
Move cursor over the icon to see details.

It was a second positive week after 3 consecutive negative weeks for the Gap (The) (GPS). During the week, the GPS gained 2.67 points, or 12.76%, and closed at 23.59 on Friday, March 15, 2024. It was the best weekly gain since November 17, 2023. Weekly volume was 58% above average.

Long-term trend: [See GPS long-term trend chart]
A long-term uptrend had started on May 25, 2023 at 7.22 and reached 23.88 on March 15, 2024. GPS gained -16.66 points, or -230.75%, in 42 weeks. Price is near the trend high.

Medium-term trend: [See GPS medium-term trend chart]
A medium-term uptrend had started on January 18, 2024 at 18.34 and reached 23.88 on March 15, 2024. GPS gained -5.54 points, or -30.21%, in 8 weeks. The price is now at the 5.23% retracement level.

Weekly Technical Indicators: [See GPS weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 February 9, 2024. 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 GPS short-term trend chart]
A short-term uptrend had started on March 7, 2024 at 19.02 and reached 23.88 on March 15, 2024. GPS gained -4.86 points, or -25.55%, in 8 days. The price is now at the 5.97% retracement level.

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

The daily MACD line is above its signal line since March 7, 2024. This is an indication that the short-term trend is up.

During the last week, the 20 Day Moving Average 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) 77.72
Williams' Percentage Range (W%R) 19.00
Overbought
Lane's Stochastic (%D-Slow) 92.02
Strong Overbought
Greed/Fear Indicator (GFI) 83.58
Overbought
Moving Average Converg./Diverg. (MACD) 0.37
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.17
Williams' Percentage Range (W%R) 7.90
Strong Overbought
Lane's Stochastic (%D-Slow) 45.84
Greed/Fear Indicator (GFI) 64.50
Moving Average Converg./Diverg. (MACD) 2.22
Trading Signals
Description Value Chart
Upper Bollinger Band 23.92
Price 23.59
Daily Stochastic Crossing 23.51
Parabolic System 21.17
Weekly Stochastic Crossing 20.89
20 Day Moving Average 20.26
50 Day Moving Average 20.02
Lower Bollinger Band 17.74
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 7
Industry Apparel Retail 86
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 19.02
Low Date 03/07/2024
High 23.88
High Date 03/15/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 18.72
Low Date 02/29/2024
High 23.88
High Date 03/15/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 18.34
Low Date 01/18/2024
High 23.88
High Date 03/15/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 7.22
Low Date 05/25/2023
High 23.88
High Date 03/15/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 46.85
High Date 09/04/2014
Low 5.26
Low Date 04/02/2020
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.