The Greedy Trader Weekly Analysis
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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 Cohen & Steers Realty Majors
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Summary:
Weekly :Broken trend resistance lineWilliams' Percentage Range is oversold
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARPrice has crossed below the 50 Day Moving AverageThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the iShares Cohen & Steers Realty Majors (ICF). During the week, the ICF gave back -0.77 points, or -0.83%, and closed at 91.94 on Friday, April 13, 2018. Weekly volume was -31% below average.

Long-term trend: [See ICF long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 23.04 and reached 112.45 on July 29, 2016. ICF gained -89.41 points, or -388.06%, in 386 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 80.71 and resistance is at 118.15. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.

Medium-term trend: [See ICF medium-term trend chart]
A medium-term downtrend had started on December 18, 2017 at 104.37 and reached 88.40 on February 9, 2018. ICF lost 15.97 points, or 15.30%, in 7 weeks. The chart has formed a Falling Pennant chart pattern. The downtrend resistance line (89.78) 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 medium-term trend.

Weekly Technical Indicators: [See ICF 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 December 15, 2017. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See ICF short-term trend chart]
A short-term uptrend had started on March 23, 2018 at 89.33 and reached 94.52 on April 6, 2018. ICF gained -5.19 points, or -5.81%, in 14 days. The chart has formed a Rising Wedge chart pattern.

Daily Technical Indicators: [See ICF daily technical indicators chart]
Daily technical indicators are neutral.

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.

During the last week, the price has declined below 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.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.63
Williams' Percentage Range (W%R) 65.00
Lane's Stochastic (%D-Slow) 32.89
Greed/Fear Indicator (GFI) 43.18
Moving Average Converg./Diverg. (MACD) -0.05
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.51
Williams' Percentage Range (W%R) 82.50
Oversold
Lane's Stochastic (%D-Slow) 47.20
Greed/Fear Indicator (GFI) 36.74
Moving Average Converg./Diverg. (MACD) -2.17
Trading Signals
Description Value Chart
Upper Bollinger Band 94.76
Parabolic System 93.61
20 Day Moving Average 92.42
50 Day Moving Average 92.03
Daily Stochastic Crossing 92.02
Price 91.94
Weekly Stochastic Crossing 91.85
Monthly Trendline Resistance 91.56
Lower Bollinger Band 90.02
Monthly Trendline Support 89.78
Yearly Trendline Support 80.71
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 89.33
Low Date 03/23/2018
High 94.52
High Date 04/06/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 88.40
Low Date 02/09/2018
High 94.64
High Date 03/16/2018
Description Value
Direction Down
Chart Pattern Falling Pennant
Status Broken Resistance
Resistance 91.56
Support 89.78
High 104.37
High Date 12/18/2017
Low 88.40
Low Date 02/09/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 112.45
High Date 07/29/2016
Low 88.40
Low Date 02/09/2018
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 118.15
Support 80.71
Low 23.04
Low Date 03/06/2009
High 112.45
High Date 07/29/2016
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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