The Greedy Trader Weekly Analysis
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Number of records: 10
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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 :Overbought industryLane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range is overboughtLane's Stochastic is strongly overboughtMACD bearish divergence
Move cursor over the icon to see details.

It was a seventh positive week after 3 consecutive negative weeks for the Ball Corp. (BLL). During the week, the BLL gained 1.87 points, or 3.59%, and closed at 53.90 on Friday, February 8, 2019. Weekly volume was -9% below average.

BLL is a member of Packaging & Containers Industry. Packaging & Containers is the fifth most overbought industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See BLL long-term trend chart]
A long-term uptrend had started on June 28, 2018 at 34.71 and reached 53.91 on February 8, 2019. BLL gained -19.20 points, or -55.32%, in 32 weeks. Price is near the trend high.

Medium-term trend: [See BLL medium-term trend chart]
A medium-term uptrend had started on December 26, 2018 at 42.24 and reached 53.91 on February 8, 2019. BLL gained -11.67 points, or -27.63%, in 6 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 52.37 and resistance is at 55.27. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See BLL weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since January 18, 2019. This is an indication that the medium-term trend is up. 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 February 4, 2019 at 51.48 and reached 53.91 on February 8, 2019. BLL gained -2.43 points, or -4.72%, in 4 days. Price is near the trend high.

Daily Technical Indicators: [See BLL 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. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

The daily MACD line is above its signal line since January 4, 2019. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 78.26
Williams' Percentage Range (W%R) 13.00
Overbought
Lane's Stochastic (%D-Slow) 92.02
Strong Overbought
Greed/Fear Indicator (GFI) 85.76
Overbought
Moving Average Converg./Diverg. (MACD) 1.36 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.74
Williams' Percentage Range (W%R) 7.10
Strong Overbought
Lane's Stochastic (%D-Slow) 81.52
Overbought
Greed/Fear Indicator (GFI) 77.21
Moving Average Converg./Diverg. (MACD) 1.89
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 55.27
Upper Bollinger Band 54.32
Price 53.90
Daily Stochastic Crossing 53.74
Weekly Stochastic Crossing 52.63
Quarterly Trendline Support 52.37
Parabolic System 51.89
20 Day Moving Average 51.06
50 Day Moving Average 48.51
Lower Bollinger Band 47.75
Sector and Industry
Description Name Rank
Sector Consumer Goods 4
Industry Packaging & Containers 159
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 51.48
Low Date 02/04/2019
High 53.91
High Date 02/08/2019
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 51.48
Low Date 02/04/2019
High 53.91
High Date 02/08/2019
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 51.48
Low Date 02/04/2019
High 53.91
High Date 02/08/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 55.27
Support 52.37
Low 42.24
Low Date 12/26/2018
High 53.91
High Date 02/08/2019
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 34.71
Low Date 06/28/2018
High 53.91
High Date 02/08/2019
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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