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 :Williams' Percentage Range is oversoldBroken trend support line
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARWilliams' Percentage Range and Lane's Stochastic are oversoldBroken trend support line
Move cursor over the icon to see details.

It was the negative week for the iShares MSCI Emerg Mkts Index (EEM). During the week, the EEM dropped -1.61 points, or -3.73%, and closed at 41.56 on Friday, September 07, 2018. It was the worst weekly loss since March 23, 2018. Weekly volume was 14% 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 (45.50) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. EEM may retest the broken support line. It is considered to be a resistance line now. 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 41.13 on August 15, 2018. EEM lost 10.95 points, or 21.03%, in 28 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 40.66 and resistance is at 43.26. 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 Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold 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.

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 August 15, 2018 at 41.13 and reached 44.18 on August 28, 2018. EEM gained -3.05 points, or -7.42%, in 13 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (44.66) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. EEM may retest the broken support line. It is considered to be a resistance line now. 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 short-term trend.

Daily Technical Indicators: [See EEM daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

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

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.13
Williams' Percentage Range (W%R) 83.60
Oversold
Lane's Stochastic (%D-Slow) 13.08
Oversold
Greed/Fear Indicator (GFI) 24.87
Moving Average Converg./Diverg. (MACD) -0.29
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 25.76
Williams' Percentage Range (W%R) 93.00
Strong Oversold
Lane's Stochastic (%D-Slow) 36.33
Greed/Fear Indicator (GFI) 28.38
Moving Average Converg./Diverg. (MACD) -0.82
Trading Signals
Description Value Chart
Weekly Trendline Resistance 45.84
Quarterly Trendline Support 45.50
Weekly Trendline Support 44.66
Upper Bollinger Band 44.41
Parabolic System 43.75
50 Day Moving Average 43.41
Monthly Trendline Resistance 43.26
20 Day Moving Average 42.69
Weekly Stochastic Crossing 42.52
Daily Stochastic Crossing 41.58
Price 41.56
Lower Bollinger Band 41.29
Monthly Trendline Support 40.66
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 44.18
High Date 08/28/2018
Low 41.39
Low Date 09/07/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 45.84
Support 44.66
Low 41.13
Low Date 08/15/2018
High 44.18
High Date 08/28/2018
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 43.26
Support 40.66
High 52.08
High Date 01/26/2018
Low 41.13
Low Date 08/15/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Support
Resistance 58.39
Support 45.50
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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