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
Ball Corp.
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Summary:
Weekly :Lane's Stochastic is oversold
Daily :Daily  MACD line has moved above its signal lineThe 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 Ball Corp. (BLL). During the week, the BLL gained 1.32 points, or 3.71%, and closed at 36.87 on Friday, July 06, 2018. It was the best weekly gain since April 13, 2018. Weekly volume was -23% below average.

Long-term trend: [See BLL long-term trend chart]
A long-term downtrend had started on March 13, 2018 at 41.99 and reached 34.71 on June 28, 2018. BLL lost 7.28 points, or 17.34%, in 15 weeks. The price is now at the 29.67% retracement level.

Medium-term trend: [See BLL medium-term trend chart]
A medium-term downtrend had started on April 18, 2018 at 41.61 and reached 34.71 on June 28, 2018. BLL lost 6.90 points, or 16.58%, in 10 weeks. The price is now at the 31.30% retracement level.

Weekly Technical Indicators: [See BLL weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since June 22, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See BLL short-term trend chart]
A short-term uptrend had started on June 28, 2018 at 34.71 and reached 36.97 on July 6, 2018. BLL gained -2.26 points, or -6.51%, in 8 days. Price is near the trend high.

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

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.46
Williams' Percentage Range (W%R) 48.00
Lane's Stochastic (%D-Slow) 77.94
Greed/Fear Indicator (GFI) 60.79
Moving Average Converg./Diverg. (MACD) -0.56
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.88
Williams' Percentage Range (W%R) 76.60
Lane's Stochastic (%D-Slow) 14.79
Oversold
Greed/Fear Indicator (GFI) 26.28
Moving Average Converg./Diverg. (MACD) -1.69
Trading Signals
Description Value Chart
Upper Bollinger Band 37.99
50 Day Moving Average 37.44
Price 36.87
Daily Stochastic Crossing 36.67
20 Day Moving Average 36.32
Parabolic System 35.49
Weekly Stochastic Crossing 35.41
Lower Bollinger Band 34.75
Sector and Industry
Description Name Rank
Sector Consumer Goods 4
Industry Packaging & Containers 12
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 34.71
Low Date 06/28/2018
High 36.97
High Date 07/06/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 34.71
Low Date 06/28/2018
High 36.97
High Date 07/06/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 34.71
Low Date 06/28/2018
High 36.97
High Date 07/06/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 41.61
High Date 04/18/2018
Low 34.71
Low Date 06/28/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 41.99
High Date 03/13/2018
Low 34.71
Low Date 06/28/2018
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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