The Greedy Trader Weekly Analysis
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Number of records: 12
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Uptrend Exhaustion
Uptrend Exhaustion 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 Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.
Stock trend chart following long term trend analysis and trend following indicator.
trend following,stock trend chart,trend following indicator,following long term trend
Citrix Systems
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Summary:
Weekly :Relative Strength Index is overboughtWilliams' Percentage Range is strongly overbought
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought20 Day Moving Average has crossed below the 50 Day Moving AverageBearish Harami CandlestickDaily  MACD line has moved above its signal line
Move cursor over the icon to see details.

It was a second positive week after 3 consecutive negative weeks for the Citrix Systems (CTXS). During the week, the CTXS gained 3.20 points, or 3.00%, and closed at 109.77 on Friday, July 13, 2018. It was the best weekly gain since April 27, 2018. Weekly volume was -34% below average.

Long-term trend: [See CTXS long-term trend chart]
A long-term uptrend had started on February 1, 2017 at 70.24 and reached 110.44 on July 13, 2018. CTXS gained -40.20 points, or -57.23%, in 75 weeks. Price is near the trend high.

Medium-term trend: [See CTXS medium-term trend chart]
A medium-term uptrend had started on August 14, 2017 at 73.33 and reached 110.44 on July 13, 2018. CTXS gained -37.11 points, or -50.61%, in 47 weeks. Price is near the trend high.

Weekly Technical Indicators: [See CTXS weekly technical indicators chart]
Weekly Relative Strength Index is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly 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 links to access Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since April 13, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See CTXS short-term trend chart]
A short-term uptrend had started on June 28, 2018 at 102.30 and reached 110.44 on July 13, 2018. CTXS gained -8.14 points, or -7.96%, in 15 days. The price is now at the 8.23% retracement level.

Daily Technical Indicators: [See CTXS daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Lane's Stochastic 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 20 Day Moving Average 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.

Candlestick pattern: [See CTXS candlestick chart pattern]
On Friday the chart has formed a Bearish Harami Candlestick pattern. A Bearish Harami pattern occurs in an uptrend. It shows the bulls’ upward drive has weakened and now a trend reversal is possible. The reliability of the Bearish Harami pattern is low. Use the Technical Stock Screener to see the list of stocks that had a Bearish Harami Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.51
Williams' Percentage Range (W%R) 7.90
Strong Overbought
Lane's Stochastic (%D-Slow) 88.48
Overbought
Greed/Fear Indicator (GFI) 82.38
Overbought
Moving Average Converg./Diverg. (MACD) 0.28
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 81.62
Overbought
Williams' Percentage Range (W%R) 3.10
Strong Overbought
Lane's Stochastic (%D-Slow) 74.17
Greed/Fear Indicator (GFI) 77.71
Moving Average Converg./Diverg. (MACD) 4.86
Trading Signals
Description Value Chart
Upper Bollinger Band 110.46
Price 109.77
Daily Stochastic Crossing 109.72
Weekly Stochastic Crossing 108.12
50 Day Moving Average 106.64
20 Day Moving Average 106.55
Parabolic System 104.83
Lower Bollinger Band 103.26
Sector and Industry
Description Name Rank
Sector Technology 7
Industry Internet Software & Svcs 112
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 102.30
Low Date 06/28/2018
High 110.44
High Date 07/13/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 102.30
Low Date 06/28/2018
High 110.44
High Date 07/13/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 73.33
Low Date 08/14/2017
High 110.44
High Date 07/13/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 70.24
Low Date 02/01/2017
High 110.44
High Date 07/13/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 50.21
Low Date 08/19/2011
High 110.44
High Date 07/13/2018
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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