The Greedy Trader Weekly Analysis
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Number of records: 2
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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 :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overboughtBroken trend resistance line
Daily :The price is close to 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 DIAMONDS Trust, Series 1 (DIA). During the week, the DIA gave back -0.08 points, or -0.03%, and closed at 264.32 on Friday, October 05, 2018. Weekly volume was 48% above 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 269.28 on October 3, 2018. DIA gained -204.50 points, or -315.68%, in 499 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (194.61) 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 269.28 on October 3, 2018. DIA gained -118.71 points, or -78.84%, in 162 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 258.38 and resistance is at 284.12. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See DIA weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since July 27, 2018. 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 June 28, 2018 at 239.83 and reached 269.28 on October 3, 2018. DIA gained -29.45 points, or -12.28%, in 97 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 262.23 and resistance is at 271.07. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.

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

The daily MACD line is below its signal line since October 4, 2018. The distance between MACD and the signal line is low, but getting bigger.

The price is close to 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.66
Williams' Percentage Range (W%R) 25.60
Lane's Stochastic (%D-Slow) 64.15
Greed/Fear Indicator (GFI) 66.05
Moving Average Converg./Diverg. (MACD) 2.20
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 86.17
Overbought
Williams' Percentage Range (W%R) 10.00
Overbought
Lane's Stochastic (%D-Slow) 89.59
Overbought
Greed/Fear Indicator (GFI) 80.63
Overbought
Moving Average Converg./Diverg. (MACD) 4.08
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 284.12
Weekly Trendline Resistance 271.07
Parabolic System 269.55
Upper Bollinger Band 269.20
Weekly Stochastic Crossing 267.21
Daily Stochastic Crossing 266.73
Price 264.32
20 Day Moving Average 264.04
Monthly Trendline Resistance 263.73
Weekly Trendline Support 262.23
50 Day Moving Average 259.52
Lower Bollinger Band 258.69
Quarterly Trendline Support 258.38
Monthly Trendline Support 249.87
Yearly Trendline Resistance 227.43
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 257.82
Low Date 09/11/2018
High 269.28
High Date 10/03/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 271.07
Support 262.23
Low 239.83
Low Date 06/28/2018
High 269.28
High Date 10/03/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 263.73
Support 249.87
Low 233.20
Low Date 04/02/2018
High 269.28
High Date 10/03/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 284.12
Support 258.38
Low 150.57
Low Date 08/24/2015
High 269.28
High Date 10/03/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 227.43
Support 194.61
Low 64.78
Low Date 03/06/2009
High 269.28
High Date 10/03/2018
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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