The Greedy Trader Weekly Analysis
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Number of records: 2
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Downtrend Resistance
Downtrend Resistance 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. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.
Technical analysis of stock trend chart following long term trend analysis and trend following indicator for downtrend resistance trend trading. Stock trend chart - following long term trend and downtrend resistance.
trend trading,trend following,stock trend chart,technical analysis of stock trend,trend following indicator,following long term trend,downtrend resistance
iShares MSCI Emerg Mkts Index
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Summary:
Weekly :Weekly  MACD line has moved above its signal linePrice is near the Fibonacci 23.6% retracement level
Daily :MACD bearish divergenceThe price has risen above the Parabolic SARPrice has crossed above the 50 Day Moving AveragePrice is near the Fibonacci 23.6% retracement levelThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week for the iShares MSCI Emerg Mkts Index (EEM). During the week, the EEM gained 1.30 points, or 3.27%, and closed at 41.05 on Friday, November 30, 2018. Weekly volume was 33% above average.

Long-term trend: [See EEM long-term trend chart]
A long-term downtrend had started on January 26, 2018 at 52.08 and reached 37.58 on October 29, 2018. EEM lost 14.50 points, or 27.84%, in 39 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Medium-term trend: [See EEM medium-term trend chart]
A medium-term uptrend had started on October 29, 2018 at 37.58 and reached 41.70 on November 7, 2018. EEM gained -4.12 points, or -10.96%, in 1 weeks. The price is now at the 15.78% retracement level.

Weekly Technical Indicators: [See EEM weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.

Short-term trend: [See EEM short-term trend chart]
A short-term uptrend had started on November 20, 2018 at 39.34 and reached 41.51 on November 28, 2018. EEM gained -2.17 points, or -5.52%, in 8 days. Price is near the Fibonacci 23.6% retracement level.

Daily Technical Indicators: [See EEM daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD 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.

The daily MACD line is above its signal line since October 31, 2018. This is an indication that the short-term trend is up.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 moved above 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.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.87
Williams' Percentage Range (W%R) 28.90
Lane's Stochastic (%D-Slow) 75.17
Greed/Fear Indicator (GFI) 68.38
Moving Average Converg./Diverg. (MACD) -0.01 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.18
Williams' Percentage Range (W%R) 54.80
Lane's Stochastic (%D-Slow) 43.45
Greed/Fear Indicator (GFI) 45.82
Moving Average Converg./Diverg. (MACD) -1.38
Trading Signals
Description Value Chart
Upper Bollinger Band 41.74
Daily Stochastic Crossing 41.11
Price 41.05
50 Day Moving Average 40.59
20 Day Moving Average 40.47
Weekly Stochastic Crossing 39.60
Parabolic System 39.39
Lower Bollinger Band 39.14
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 39.34
Low Date 11/20/2018
High 41.51
High Date 11/28/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 39.14
Low Date 11/12/2018
High 41.51
High Date 11/28/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 37.58
Low Date 10/29/2018
High 41.70
High Date 11/07/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 52.08
High Date 01/26/2018
Low 37.58
Low Date 10/29/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 18.22
Low Date 11/20/2008
High 52.08
High Date 01/26/2018
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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