The Greedy Trader Weekly Analysis
Sign In Jan 18, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
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
Goldman Sachs Group
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Lane's Stochastic is oversold
Daily :Williams' Percentage Range is overboughtLane's Stochastic is strongly overbought
Move cursor over the icon to see details.

It was a third positive week after 3 consecutive negative weeks for the Goldman Sachs Group (GS). During the week, the GS gained 1.88 points, or 1.07%, and closed at 176.93 on Friday, January 11, 2019. Weekly volume was -11% below average.

Long-term trend: [See GS long-term trend chart]
A long-term downtrend had started on March 12, 2018 at 275.31 and reached 151.70 on December 26, 2018. GS lost 123.61 points, or 44.90%, in 41 weeks. The price is now at the 20.41% retracement level.

Medium-term trend: [See GS medium-term trend chart]
A medium-term downtrend had started on August 28, 2018 at 245.08 and reached 151.70 on December 26, 2018. GS lost 93.38 points, or 38.10%, in 17 weeks. The price is now at the 27.02% retracement level.

Weekly Technical Indicators: [See GS weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 Lane's Stochastic help.

The weekly MACD line is below its signal line since October 5, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See GS short-term trend chart]
A short-term uptrend had started on December 26, 2018 at 151.70 and reached 178.10 on January 8, 2019. GS gained -26.40 points, or -17.40%, in 13 days. Price is near the trend high.

Daily Technical Indicators: [See GS 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. Use the following link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since December 27, 2018. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.53
Williams' Percentage Range (W%R) 13.30
Overbought
Lane's Stochastic (%D-Slow) 90.64
Strong Overbought
Greed/Fear Indicator (GFI) 78.96
Moving Average Converg./Diverg. (MACD) -5.67
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.36
Williams' Percentage Range (W%R) 74.90
Lane's Stochastic (%D-Slow) 13.23
Oversold
Greed/Fear Indicator (GFI) 26.34
Moving Average Converg./Diverg. (MACD) -12.21
Trading Signals
Description Value Chart
50 Day Moving Average 189.53
Upper Bollinger Band 186.39
Price 176.93
Daily Stochastic Crossing 176.63
20 Day Moving Average 169.90
Parabolic System 164.50
Lower Bollinger Band 162.96
Weekly Stochastic Crossing 160.62
Sector and Industry
Description Name Rank
Sector Financial 3
Industry Investmnt Brokerage-Natl 60
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 151.70
Low Date 12/26/2018
High 178.10
High Date 01/08/2019
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 151.70
Low Date 12/26/2018
High 178.10
High Date 01/08/2019
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 245.08
High Date 08/28/2018
Low 151.70
Low Date 12/26/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 275.31
High Date 03/12/2018
Low 151.70
Low Date 12/26/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 47.41
Low Date 11/21/2008
High 275.31
High Date 03/12/2018
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.

Copyright© 2004-2018 All rights reserved.