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
DIAMONDS Trust, Series 1
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Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are strongly overboughtStochastic has declined below the signal lineBroken trend resistance lineBroken trend resistance line
Daily :Stochastic has declined below the signal lineThe price has fallen below the Parabolic SARBroken trend resistance line
Move cursor over the icon to see details.

It was the negative week for the DIAMONDS Trust, Series 1 (DIA). During the week, the DIA gave back -0.75 points, or -0.32%, and closed at 234.43 on Friday, November 10, 2017. It was the worst weekly loss since September 8, 2017. Weekly volume was -11% below average.

Long-term trend: [See DIA long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 64.78 and reached 235.88 on November 7, 2017. DIA gained -171.10 points, or -264.12%, in 452 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (182.63) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 long-term trend.

Medium-term trend: [See DIA medium-term trend chart]
A medium-term uptrend had started on August 24, 2015 at 150.57 and reached 235.88 on November 7, 2017. DIA gained -85.31 points, or -56.66%, in 115 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (203.32) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 DIA weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since September 15, 2017. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See DIA short-term trend chart]
A short-term uptrend had started on April 19, 2017 at 203.64 and reached 235.88 on November 7, 2017. DIA gained -32.24 points, or -15.83%, in 202 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (227.54) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 DIA daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal.

The daily MACD line is below its signal line since October 31, 2017.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.44
Williams' Percentage Range (W%R) 20.20
Lane's Stochastic (%D-Slow) 73.28
Greed/Fear Indicator (GFI) 71.50
Moving Average Converg./Diverg. (MACD) 2.44
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 75.76
Williams' Percentage Range (W%R) 5.90
Strong Overbought
Lane's Stochastic (%D-Slow) 96.85
Strong Overbought
Greed/Fear Indicator (GFI) 87.97
Overbought
Moving Average Converg./Diverg. (MACD) 5.64
Trading Signals
Description Value Chart
Monthly Trendline Resistance 238.96
Upper Bollinger Band 236.34
Parabolic System 236.06
Weekly Stochastic Crossing 235.41
Daily Stochastic Crossing 235.01
Price 234.43
20 Day Moving Average 233.52
Weekly Trendline Resistance 231.03
Lower Bollinger Band 229.49
50 Day Moving Average 227.58
Weekly Trendline Support 227.54
Monthly Trendline Support 222.80
Yearly Trendline Resistance 215.45
Quarterly Trendline Support 203.32
Quarterly Trendline Resistance 197.14
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Low 215.73
Low Date 08/21/2017
High 235.88
High Date 11/07/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 231.03
Support 227.54
Low 203.64
Low Date 04/19/2017
High 235.88
High Date 11/07/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 238.96
Support 222.80
Low 154.38
Low Date 01/20/2016
High 235.88
High Date 11/07/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 197.14
Support 203.32
Low 150.57
Low Date 08/24/2015
High 235.88
High Date 11/07/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 215.45
Support 182.63
Low 64.78
Low Date 03/06/2009
High 235.88
High Date 11/07/2017
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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