The Greedy Trader Weekly Analysis
Sign In Sep 14, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 15
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Downtrend Broken Resistance
Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.
Technical analysis of stock trend chart following long term trend analysis and trend following indicator for broken resistance trend trading. Stock trend analysis and broken resistance trend following indicators.
trend trading,trend following,stock trend chart,technical analysis of stock trend,trend following indicator,following long term trend,Broken Resistance
Archive
- 9/7/2018
Sign In to see current Signals.
iShares Lehman Aggregate Bond
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Price has crossed below the 50 Day Moving AverageWilliams' Percentage Range and Lane's Stochastic are oversoldA Parabolic SAR indicator is below and near the priceThe price touches the lower Bollinger Band
Move cursor over the icon to see details.

It was the negative week for the iShares Lehman Aggregate Bond (AGG). During the week, the AGG gave back -0.60 points, or -0.56%, and closed at 105.81 on Friday, September 07, 2018. It was the worst weekly loss since April 20, 2018. Weekly volume was -21% below average.

Long-term trend: [See AGG long-term trend chart]
A long-term downtrend had started on July 8, 2016 at 113.27 and reached 105.00 on May 17, 2018. AGG lost 8.27 points, or 7.30%, in 96 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 104.55 and resistance is at 108.42. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.

Medium-term trend: [See AGG medium-term trend chart]
A medium-term downtrend had started on September 7, 2017 at 110.66 and reached 105.00 on May 17, 2018. AGG lost 5.66 points, or 5.11%, in 36 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (103.24) 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 AGG weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since June 1, 2018. Use the following link to access a MACD help.

Short-term trend: [See AGG short-term trend chart]
A short-term downtrend had started on August 24, 2018 at 106.73 and reached 105.81 on September 7, 2018. AGG lost 0.92 points, or 0.86%, in 14 days. Price is near the trend low.

Daily Technical Indicators: [See AGG daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. 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 daily MACD line is below its signal line since August 30, 2018. This is an indication that the short-term trend is down.

A Parabolic SAR (stop and reversal) indicator (106.5) comes close to the price (105.81). It indicates that the trend is getting weaker. 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.

The price touches the lower 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.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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) 33.33
Williams' Percentage Range (W%R) 88.00
Oversold
Lane's Stochastic (%D-Slow) 14.86
Oversold
Greed/Fear Indicator (GFI) 20.05
Moving Average Converg./Diverg. (MACD) 0.05
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.92
Williams' Percentage Range (W%R) 54.00
Lane's Stochastic (%D-Slow) 69.75
Greed/Fear Indicator (GFI) 55.78
Moving Average Converg./Diverg. (MACD) -0.41
Trading Signals
Description Value Chart
Yearly Trendline Resistance 108.42
Upper Bollinger Band 106.73
Parabolic System 106.50
Weekly Stochastic Crossing 106.43
20 Day Moving Average 106.37
50 Day Moving Average 106.23
Daily Stochastic Crossing 105.90
Price 105.81
Lower Bollinger Band 105.79
Yearly Trendline Support 104.55
Quarterly Trendline Resistance 104.20
Quarterly Trendline Support 103.24
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 106.73
High Date 08/24/2018
Low 105.81
Low Date 09/07/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 106.73
High Date 08/24/2018
Low 105.81
Low Date 09/07/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 105.00
Low Date 05/17/2018
High 107.00
High Date 05/29/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 104.20
Support 103.24
High 110.66
High Date 09/07/2017
Low 105.00
Low Date 05/17/2018
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 108.42
Support 104.55
High 113.27
High Date 07/08/2016
Low 105.00
Low Date 05/17/2018
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© 2004-2016 All rights reserved.