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
Industrial Select Sector SPDR
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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionRelative Strength Index is overboughtWilliams' Percentage Range and Lane's Stochastic are strongly overboughtLane's Stochastic bearish divergence
Daily :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overboughtThe price is above the upper Bollinger BandThe period of high volatility of the stock price
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It was a fourth consecutive positive week for the Industrial Select Sector SPDR (XLI). During the week, the XLI gained 2.54 points, or 3.27%, and closed at 80.16 on Friday, January 12, 2018. XLI was trading at average weekly trading volume.

Long-term trend: [See XLI long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 15.14 and reached 80.25 on January 12, 2018. XLI gained -65.11 points, or -430.05%, in 462 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (58.10) 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 long-term trend.

Medium-term trend: [See XLI medium-term trend chart]
A medium-term uptrend had started on January 20, 2016 at 46.82 and reached 80.25 on January 12, 2018. XLI gained -33.43 points, or -71.40%, in 103 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (70.82) 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 XLI weekly technical indicators chart]
Weekly Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range and Lane's Stochastic. Weekly 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 weekly 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 November 24, 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 XLI short-term trend chart]
A short-term uptrend had started on November 15, 2017 at 70.04 and reached 80.25 on January 12, 2018. XLI gained -10.21 points, or -14.58%, in 58 days. Price is near the trend high.

Daily Technical Indicators: [See XLI daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic.

The daily MACD line is above its signal line since November 24, 2017. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The distance between the Bollinger Bands is 113.74% higher then one year average. It indicates the period of high volatility of the stock price. 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) 96.14
Strong Overbought
Williams' Percentage Range (W%R) 7.40
Strong Overbought
Lane's Stochastic (%D-Slow) 96.19
Strong Overbought
Greed/Fear Indicator (GFI) 94.98
Strong Overbought
Moving Average Converg./Diverg. (MACD) 1.17
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 80.58
Overbought
Williams' Percentage Range (W%R) 3.50
Strong Overbought
Lane's Stochastic (%D-Slow) 94.73
Strong Overbought Bearish
Greed/Fear Indicator (GFI) 86.76
Overbought
Moving Average Converg./Diverg. (MACD) 1.81
Trading Signals
Description Value Chart
Price 80.16
Daily Stochastic Crossing 80.07
Upper Bollinger Band 79.97
Weekly Stochastic Crossing 79.84
Parabolic System 78.29
Quarterly Trendline Resistance 77.11
20 Day Moving Average 76.47
50 Day Moving Average 74.01
Lower Bollinger Band 73.48
Quarterly Trendline Support 70.82
Yearly Trendline Resistance 70.80
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 74.03
Low Date 12/15/2017
High 80.25
High Date 01/12/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 70.04
Low Date 11/15/2017
High 80.25
High Date 01/12/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 66.95
Low Date 08/21/2017
High 80.25
High Date 01/12/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 77.11
Support 70.82
Low 46.82
Low Date 01/20/2016
High 80.25
High Date 01/12/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 70.80
Support 58.10
Low 15.14
Low Date 03/06/2009
High 80.25
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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