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
PowerShares DB Agriculture Fund
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Summary:
Weekly :Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversold
Daily :Williams' Percentage Range is oversold
Move cursor over the icon to see details.

It was the negative week for the PowerShares DB Agriculture Fund (DBA). During the week, the DBA gave back -0.12 points, or -0.67%, and closed at 17.91 on Friday, July 06, 2018. DBA was trading at average weekly trading volume.

Long-term trend: [See DBA long-term trend chart]
A long-term downtrend had started on June 9, 2016 at 23.01 and reached 17.64 on July 2, 2018. DBA lost 5.37 points, or 23.34%, in 107 weeks. The price is now at the 5.03% retracement level.

Medium-term trend: [See DBA medium-term trend chart]
A medium-term downtrend had started on May 3, 2018 at 19.54 and reached 17.64 on July 2, 2018. DBA lost 1.90 points, or 9.72%, in 8 weeks. The price is now at the 14.21% retracement level.

Weekly Technical Indicators: [See DBA weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold 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 below its signal line since June 8, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.

Short-term trend: [See DBA short-term trend chart]
A short-term downtrend had started on May 24, 2018 at 19.42 and reached 17.64 on July 2, 2018. DBA lost 1.78 points, or 9.17%, in 39 days. The price is now at the 15.17% retracement level.

Daily Technical Indicators: [See DBA daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range.

The daily MACD line is below its signal line since June 1, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.75
Williams' Percentage Range (W%R) 100.00
Strong Oversold
Lane's Stochastic (%D-Slow) 25.66
Greed/Fear Indicator (GFI) 20.47
Moving Average Converg./Diverg. (MACD) -0.27
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.94
Williams' Percentage Range (W%R) 100.00
Strong Oversold
Lane's Stochastic (%D-Slow) 16.32
Oversold
Greed/Fear Indicator (GFI) 19.97
Oversold
Moving Average Converg./Diverg. (MACD) -0.09
Trading Signals
Description Value Chart
Upper Bollinger Band 18.85
50 Day Moving Average 18.69
20 Day Moving Average 18.14
Price 17.91
Weekly Stochastic Crossing 17.86
Daily Stochastic Crossing 17.72
Parabolic System 17.63
Lower Bollinger Band 17.40
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 19.42
High Date 05/24/2018
Low 17.64
Low Date 07/02/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 19.54
High Date 05/03/2018
Low 17.64
Low Date 07/02/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 23.01
High Date 06/09/2016
Low 17.64
Low Date 07/02/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 29.41
High Date 04/29/2014
Low 17.64
Low Date 07/02/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 35.58
High Date 03/04/2011
Low 17.64
Low Date 07/02/2018
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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