The Greedy Trader Weekly Analysis
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Number of records: 15
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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
SPDR Homebuilders
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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionRelative Strength Index and Lane's Stochastic are overboughtWilliams' Percentage Range is strongly overboughtRelative Strength Index and Lane's Stochastic bearish divergence
Daily :Broken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtLane's Stochastic bearish divergenceThe price touches the upper Bollinger Band
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It was a fourth consecutive positive week for the SPDR Homebuilders (XHB). During the week, the XHB gained 0.79 points, or 1.74%, and closed at 46.21 on Friday, January 12, 2018. XHB was trading at average weekly trading volume.

Long-term trend: [See XHB long-term trend chart]
A long-term uptrend had started on March 9, 2009 at 8.00 and reached 46.27 on January 12, 2018. XHB gained -38.27 points, or -478.38%, in 461 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 34.98 and resistance is at 48.16. 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 long-term trend.

Medium-term trend: [See XHB medium-term trend chart]
A medium-term uptrend had started on February 11, 2016 at 27.72 and reached 46.27 on January 12, 2018. XHB gained -18.55 points, or -66.92%, in 100 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (39.15) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 XHB weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are 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 and Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Weekly Relative Strength Index and Lane's Stochastic have bearish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since September 29, 2017. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See XHB short-term trend chart]
A short-term uptrend had started on August 23, 2017 at 37.17 and reached 46.27 on January 12, 2018. XHB gained -9.10 points, or -24.48%, in 142 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (43.19) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 XHB 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. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence.

The daily MACD line is above its signal line since January 2, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

The price touches the upper Bollinger Band. 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) 74.08
Williams' Percentage Range (W%R) 8.40
Strong Overbought
Lane's Stochastic (%D-Slow) 84.34
Overbought Bearish
Greed/Fear Indicator (GFI) 83.34
Overbought
Moving Average Converg./Diverg. (MACD) 0.69
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 83.77
Overbought Bearish
Williams' Percentage Range (W%R) 3.10
Strong Overbought
Lane's Stochastic (%D-Slow) 88.12
Overbought Bearish
Greed/Fear Indicator (GFI) 84.09
Overbought
Moving Average Converg./Diverg. (MACD) 1.38
Trading Signals
Description Value Chart
Yearly Trendline Resistance 48.16
Upper Bollinger Band 46.32
Price 46.21
Daily Stochastic Crossing 45.95
Weekly Stochastic Crossing 45.80
Parabolic System 44.91
Weekly Trendline Resistance 44.86
20 Day Moving Average 44.63
Weekly Trendline Support 43.19
50 Day Moving Average 43.14
Lower Bollinger Band 43.07
Monthly Trendline Resistance 42.86
Quarterly Trendline Resistance 40.62
Monthly Trendline Support 40.29
Quarterly Trendline Support 39.15
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 40.18
Low Date 11/02/2017
High 46.27
High Date 01/12/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 44.86
Support 43.19
Low 37.17
Low Date 08/23/2017
High 46.27
High Date 01/12/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 42.86
Support 40.29
Low 30.92
Low Date 11/03/2016
High 46.27
High Date 01/12/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 40.62
Support 39.15
Low 27.72
Low Date 02/11/2016
High 46.27
High Date 01/12/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 48.16
Support 34.98
Low 8.00
Low Date 03/09/2009
High 46.27
High Date 01/12/2018
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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