The Greedy Trader Weekly Analysis
Sign In Apr 18, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Downtrend exhaustion - Stock Market Timing Signals and trading strategies.
Downtrend exhaustion stock alert presents a stock market trading strategy based on combination of timing signals, technical indicators, trend analysis and pattern recognition. Stock market alert is a warning signal. It indicates that long term downtrend is exhausted and probability of long term trend reversal is high. Downtrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for undervalued stocks. The strategy is based on taking long position on anticipation of downtrend reversal. Downtrend exhaustion timing strategy and stock trading system presents alerts for S&P 500 index members, ETFs and market indices. As S&P 500 trading system it shows excellent results for index timing also.
System trading Stock Market Timing Signals and trading strategies for stocks, ETF and index trading. Presented computer system trading tool includes index timing, market trading strategies, stock trading systems, timing strategies, s&p 500 trading system and stock index trading system for long term trading as well as short term and day trading.
stock market timing,index timing,timing signals,market timing,day trading,market trading strategies,stock trading systems, timing strategies,s&p 500 trading system,free system trading,computer system trading, stock index trading system,,stock alerts,stock market alerts,stock market picks,technical stock pick,stock picking,stock pick,free pick stock,picking stocks,pick stock undervalued,pick stock,long term stock picks
iShares MSCI Australia Index
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Relative Strength Index is overboughtTrend resistance at 21.47
Daily :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overboughtThe price touches the upper Bollinger Band
Move cursor over the icon to see details.

It was a third consecutive positive week for the iShares MSCI Australia Index (EWA). During the week, the EWA gained 0.33 points, or 1.53%, and closed at 21.86 on Friday, April 12, 2019. It was the best weekly gain since January 18, 2019. Weekly volume was 60% above average.

Long-term trend: [See EWA long-term trend chart]
A long-term downtrend had started on January 26, 2018 at 24.18 and reached 18.35 on December 26, 2018. EWA lost 5.83 points, or 24.11%, in 47 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (21.47). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See EWA medium-term trend chart]
A medium-term uptrend had started on December 26, 2018 at 18.35 and reached 23.52 on March 6, 2019. EWA gained -5.17 points, or -28.17%, in 10 weeks. The price is now at the 32.11% retracement level.

Weekly Technical Indicators: [See EWA weekly technical indicators chart]
Weekly Relative Strength Index is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index. 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 Relative Strength Index help.

The weekly MACD line is above its signal line since January 25, 2019. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See EWA short-term trend chart]
A short-term uptrend had started on March 27, 2019 at 21.10 and reached 21.94 on April 12, 2019. EWA gained -0.84 points, or -3.98%, in 16 days. The chart has formed a Falling Pennant chart pattern. The uptrend resistance line (21.69) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 short-term trend.

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

The daily MACD line is above its signal line since April 11, 2019. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

The price touches the upper Bollinger Band. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.44
Williams' Percentage Range (W%R) 2.40
Strong Overbought
Lane's Stochastic (%D-Slow) 58.23
Greed/Fear Indicator (GFI) 72.76
Moving Average Converg./Diverg. (MACD) 0.13
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 85.85
Overbought
Williams' Percentage Range (W%R) 30.90
Lane's Stochastic (%D-Slow) 39.60
Greed/Fear Indicator (GFI) 56.04
Moving Average Converg./Diverg. (MACD) -0.16
Trading Signals
Description Value Chart
Weekly Stochastic Crossing 21.95
Upper Bollinger Band 21.91
Price 21.86
Daily Stochastic Crossing 21.73
Weekly Trendline Support 21.69
20 Day Moving Average 21.55
Quarterly Trendline Resistance 21.47
Weekly Trendline Resistance 21.41
50 Day Moving Average 21.30
Parabolic System 21.28
Lower Bollinger Band 21.20
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 21.53
Low Date 04/09/2019
High 21.94
High Date 04/12/2019
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Falling Pennant
Status Broken Resistance
Resistance 21.41
Support 21.69
Low 21.10
Low Date 03/27/2019
High 21.94
High Date 04/12/2019
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 18.35
Low Date 12/26/2018
High 23.52
High Date 03/06/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 21.47
Support 17.08
High 24.18
High Date 01/26/2018
Low 18.35
Low Date 12/26/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 16.08
Low Date 01/15/2016
High 24.18
High Date 01/26/2018
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.