The Greedy Trader Weekly Analysis
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Number of records: 10
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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 :
Daily :The price has fallen below the Parabolic SAR20 Day Moving Average has crossed below the 50 Day Moving AverageStochastic signal line moved above oversold area
Move cursor over the icon to see details.

It was a first positive week for the Citrix Systems (CTXS). During the week, the CTXS climbed 0.90 points, or 0.90%, and closed at 100.88 on Friday, March 15, 2019. Weekly volume was 80% above average.

Long-term trend: [See CTXS long-term trend chart]
A long-term uptrend had started on August 19, 2011 at 50.21 and reached 116.82 on July 26, 2018. CTXS gained -66.61 points, or -132.66%, in 361 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 83.60 and resistance is at 122.41. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See CTXS medium-term trend chart]
A medium-term uptrend had started on February 1, 2017 at 70.24 and reached 116.82 on July 26, 2018. CTXS gained -46.58 points, or -66.32%, in 77 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 82.51 and resistance is at 130.07. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See CTXS weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since August 31, 2018. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See CTXS short-term trend chart]
A short-term downtrend had started on February 15, 2019 at 107.15 and reached 98.15 on March 8, 2019. CTXS lost 9.00 points, or 8.40%, in 21 days. The price is now at the 30.33% retracement level.

Daily Technical Indicators: [See CTXS daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 daily MACD line is below its signal line since March 1, 2019. This is an indication that the short-term trend is down.

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 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 25.35
Williams' Percentage Range (W%R) 58.90
Lane's Stochastic (%D-Slow) 30.17
Greed/Fear Indicator (GFI) 32.21
Moving Average Converg./Diverg. (MACD) -0.77
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.27
Williams' Percentage Range (W%R) 72.40
Lane's Stochastic (%D-Slow) 46.17
Greed/Fear Indicator (GFI) 39.40
Moving Average Converg./Diverg. (MACD) -0.02 Bullish
Trading Signals
Description Value Chart
Monthly Trendline Resistance 107.95
Upper Bollinger Band 107.54
50 Day Moving Average 104.40
20 Day Moving Average 103.77
Weekly Stochastic Crossing 103.32
Parabolic System 102.44
Monthly Trendline Support 100.98
Price 100.88
Daily Stochastic Crossing 100.37
Lower Bollinger Band 98.51
Yearly Trendline Support 83.60
Quarterly Trendline Support 82.51
Sector and Industry
Description Name Rank
Sector Technology 5
Industry Internet Software & Svcs 75
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 107.15
High Date 02/15/2019
Low 98.15
Low Date 03/08/2019
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 112.27
High Date 11/29/2018
Low 98.15
Low Date 03/08/2019
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Test Support
Resistance 107.95
Support 100.98
High 116.82
High Date 07/26/2018
Low 97.88
Low Date 10/26/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 130.07
Support 82.51
Low 70.24
Low Date 02/01/2017
High 116.82
High Date 07/26/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 122.41
Support 83.60
Low 50.21
Low Date 08/19/2011
High 116.82
High Date 07/26/2018
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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