The Greedy Trader Weekly Analysis
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Number of records: 15
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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
iShares Lehman Aggregate Bond
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Summary:
Weekly :Broken trend resistance lineWilliams' Percentage Range and Lane's Stochastic are oversold
Daily :The price has fallen below the Parabolic SARThe price is below 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 -0.87 points, or -0.83%, and closed at 104.03 on Friday, November 02, 2018. Weekly volume was 92% above average.

Long-term trend: [See AGG long-term trend chart]
A long-term downtrend had started on September 7, 2017 at 110.66 and reached 103.94 on November 2, 2018. AGG lost 6.72 points, or 6.07%, in 60 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (102.65) 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 long-term trend.

Medium-term trend: [See AGG medium-term trend chart]
A medium-term downtrend had started on May 29, 2018 at 107.00 and reached 103.94 on November 2, 2018. AGG lost 3.06 points, or 2.86%, in 22 weeks. Price is near the trend low.

Weekly Technical Indicators: [See AGG 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. 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 September 28, 2018. This is an indication that the medium-term trend is down. 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 October 26, 2018 at 105.04 and reached 103.94 on November 2, 2018. AGG lost 1.10 points, or 1.05%, in 7 days. The price is now at the 8.18% retracement level.

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

The daily MACD line is above its signal line since October 12, 2018. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.

The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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) 34.15
Williams' Percentage Range (W%R) 71.80
Lane's Stochastic (%D-Slow) 33.34
Greed/Fear Indicator (GFI) 31.89
Moving Average Converg./Diverg. (MACD) -0.22
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.66
Williams' Percentage Range (W%R) 88.90
Oversold
Lane's Stochastic (%D-Slow) 12.93
Oversold
Greed/Fear Indicator (GFI) 20.85
Moving Average Converg./Diverg. (MACD) -0.45
Trading Signals
Description Value Chart
50 Day Moving Average 105.24
Parabolic System 105.10
Upper Bollinger Band 105.07
20 Day Moving Average 104.55
Weekly Stochastic Crossing 104.24
Lower Bollinger Band 104.24
Daily Stochastic Crossing 104.22
Price 104.03
Quarterly Trendline Resistance 103.54
Quarterly Trendline Support 102.65
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 105.04
High Date 10/26/2018
Low 103.94
Low Date 11/02/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 105.04
High Date 10/26/2018
Low 103.94
Low Date 11/02/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 107.00
High Date 05/29/2018
Low 103.94
Low Date 11/02/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 103.54
Support 102.65
High 110.66
High Date 09/07/2017
Low 103.94
Low Date 11/02/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 113.27
High Date 07/08/2016
Low 103.94
Low Date 11/02/2018
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.

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