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
Intuit, Inc.
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Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are overboughtStochastic has declined below the signal lineBroken trend resistance lineBroken trend resistance line
Daily :The price has fallen below the Parabolic SARBroken trend resistance lineThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Intuit, Inc. (INTU). During the week, the INTU dropped -5.09 points, or -2.24%, and closed at 222.31 on Friday, October 05, 2018. INTU was trading at average weekly trading volume.

Long-term trend: [See INTU long-term trend chart]
A long-term uptrend had started on February 28, 1997 at 3.48 and reached 231.84 on October 3, 2018. INTU gained -228.36 points, or -6562.07%, in 1126 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (48.94) 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 INTU medium-term trend chart]
A medium-term uptrend had started on December 1, 2008 at 20.18 and reached 231.84 on October 3, 2018. INTU gained -211.66 points, or -1048.86%, in 513 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (106.21) 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 INTU weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 below its signal line since September 21, 2018. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See INTU short-term trend chart]
A short-term uptrend had started on November 9, 2016 at 103.22 and reached 231.84 on October 3, 2018. INTU gained -128.62 points, or -124.61%, in 693 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (191.20) 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 INTU 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 and getting smaller.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.45
Williams' Percentage Range (W%R) 48.10
Lane's Stochastic (%D-Slow) 67.25
Greed/Fear Indicator (GFI) 54.88
Moving Average Converg./Diverg. (MACD) 2.56
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.07
Williams' Percentage Range (W%R) 15.20
Overbought
Lane's Stochastic (%D-Slow) 85.14
Overbought
Greed/Fear Indicator (GFI) 74.55
Moving Average Converg./Diverg. (MACD) 11.84
Trading Signals
Description Value Chart
Parabolic System 231.60
Upper Bollinger Band 229.80
Daily Stochastic Crossing 227.63
Weekly Stochastic Crossing 227.45
20 Day Moving Average 224.75
Price 222.31
Lower Bollinger Band 217.09
50 Day Moving Average 216.89
Weekly Trendline Resistance 202.51
Weekly Trendline Support 191.20
Sector and Industry
Description Name Rank
Sector Technology 5
Industry Application Software 110
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 130.26
Low Date 07/06/2017
High 231.84
High Date 10/03/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 202.51
Support 191.20
Low 103.22
Low Date 11/09/2016
High 231.84
High Date 10/03/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 157.19
Support 132.12
Low 79.63
Low Date 08/25/2015
High 231.84
High Date 10/03/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 153.41
Support 106.21
Low 20.18
Low Date 12/01/2008
High 231.84
High Date 10/03/2018
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 19.03
Support 48.94
Low 3.48
Low Date 02/28/1997
High 231.84
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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