The Greedy Trader Weekly Analysis
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Number of records: 2
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Uptrend Support
Uptrend Support 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. Stock market alert is a warning signal. Uptrend Support stock alert indicates that price is near long-term support trendline and probability of short-term trend reversal is high. The strategy here is to take advantage of established uptrend price pullback and entering the long position just prior to the continuation of the trend. The strategy has relatively low risk.
Technical analysis of stock trend chart following long term trend analysis and trend following indicator for uptrend support trend trading. Technical analysis of stock trend and uptrend support trend trading.
trend trading,trend following,stock trend chart,technical analysis of stock trend,trend following indicator,following long term trend,uptrend support
iShares MSCI Emerg Mkts Index
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Summary:
Weekly :Broken trend support line
Daily :Williams' Percentage Range is strongly overboughtDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week after 5 consecutive negative weeks for the iShares MSCI Emerg Mkts Index (EEM). During the week, the EEM gained 2.16 points, or 5.59%, and closed at 40.83 on Friday, November 02, 2018. Weekly volume was 54% above average.

Long-term trend: [See EEM long-term trend chart]
A long-term uptrend had started on January 20, 2016 at 27.61 and reached 52.08 on January 26, 2018. EEM gained -24.47 points, or -88.63%, in 105 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (46.57) is broken. A broken support is considered to be a long-term bearish 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 support in a long-term trend.

Medium-term trend: [See EEM medium-term trend chart]
A medium-term downtrend had started on January 26, 2018 at 52.08 and reached 37.58 on October 29, 2018. EEM lost 14.50 points, or 27.84%, in 39 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 39.47 and resistance is at 42.06. 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 medium-term trend.

Weekly Technical Indicators: [See EEM weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since February 9, 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 EEM short-term trend chart]
A short-term uptrend had started on October 29, 2018 at 37.58 and reached 41.40 on November 2, 2018. EEM gained -3.82 points, or -10.16%, in 4 days. The price is now at the 14.92% retracement level.

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

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 risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.

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) 54.96
Williams' Percentage Range (W%R) 3.90
Strong Overbought
Lane's Stochastic (%D-Slow) 58.91
Greed/Fear Indicator (GFI) 69.98
Moving Average Converg./Diverg. (MACD) -0.72
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.05
Williams' Percentage Range (W%R) 56.40
Lane's Stochastic (%D-Slow) 21.24
Greed/Fear Indicator (GFI) 36.48
Moving Average Converg./Diverg. (MACD) -1.26
Trading Signals
Description Value Chart
Quarterly Trendline Support 46.57
Monthly Trendline Resistance 42.06
Upper Bollinger Band 41.69
50 Day Moving Average 41.34
Price 40.83
Daily Stochastic Crossing 40.26
20 Day Moving Average 39.69
Monthly Trendline Support 39.47
Weekly Stochastic Crossing 38.72
Lower Bollinger Band 38.28
Parabolic System 37.70
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 37.58
Low Date 10/29/2018
High 41.40
High Date 11/02/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 43.51
High Date 09/26/2018
Low 37.58
Low Date 10/29/2018
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 42.06
Support 39.47
High 52.08
High Date 01/26/2018
Low 37.58
Low Date 10/29/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Support
Resistance 60.02
Support 46.57
Low 27.61
Low Date 01/20/2016
High 52.08
High Date 01/26/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 18.22
Low Date 11/20/2008
High 52.08
High Date 01/26/2018
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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