The Greedy Trader Weekly Analysis
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Number of records: 3
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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 - Downtrend exhaustionWilliams' Percentage Range is oversoldTrend support at 44.31
Daily :Broken trend resistance lineWilliams' Percentage Range is oversoldStochastic signal line moved above oversold areaThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a first positive week after 3 consecutive negative weeks for the iShares MSCI Emerg Mkts Index (EEM). During the week, the EEM climbed 0.08 points, or 0.18%, and closed at 43.41 on Friday, July 06, 2018. It was the best weekly gain since May 25, 2018. EEM was trading at average weekly trading volume.

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 price is near the trend support (44.31) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line 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 42.15 on June 28, 2018. EEM lost 9.93 points, or 19.07%, in 21 weeks. The chart has formed a Falling Pennant chart pattern. The downtrend support line (46.04) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 medium-term trend.

Weekly Technical Indicators: [See EEM weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly 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. 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 EEM short-term trend chart]
A short-term downtrend had started on June 6, 2018 at 47.15 and reached 42.15 on June 28, 2018. EEM lost 5.00 points, or 10.60%, in 22 days. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (43.10) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a short-term trend.

Daily Technical Indicators: [See EEM daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is below its signal line since June 13, 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.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.49
Williams' Percentage Range (W%R) 81.70
Oversold
Lane's Stochastic (%D-Slow) 49.81
Greed/Fear Indicator (GFI) 34.52
Moving Average Converg./Diverg. (MACD) -0.86
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 21.98
Williams' Percentage Range (W%R) 90.00
Oversold
Lane's Stochastic (%D-Slow) 21.87
Greed/Fear Indicator (GFI) 23.81
Moving Average Converg./Diverg. (MACD) -0.06
Trading Signals
Description Value Chart
Upper Bollinger Band 46.62
Monthly Trendline Support 46.04
Monthly Trendline Resistance 45.95
50 Day Moving Average 45.58
Quarterly Trendline Support 44.31
20 Day Moving Average 44.13
Price 43.41
Weekly Trendline Support 43.10
Weekly Stochastic Crossing 43.03
Daily Stochastic Crossing 42.85
Weekly Trendline Resistance 42.58
Parabolic System 42.11
Lower Bollinger Band 41.40
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 42.53
Low Date 07/02/2018
High 43.58
High Date 07/06/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 42.58
Support 43.10
High 47.15
High Date 06/06/2018
Low 42.15
Low Date 06/28/2018
Description Value
Direction Down
Chart Pattern Falling Pennant
Status Broken Support
Resistance 45.95
Support 46.04
High 52.08
High Date 01/26/2018
Low 42.15
Low Date 06/28/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 56.60
Support 44.31
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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