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Price vs. Upper Bollinger Band:Crossover
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Bollinger Band crossover - Stock market timing signal.
The Bollinger bands indicator developed by John Bollinger in the early 1980s is one of the most popular and powerful trading tools. These bands are charted two standard deviations away from a simple moving average, and they provide a relative definition of high and low. Bollinger bands trading technique uses one band as an entry point exit of the other. The center band presents a neutral support/resistance level. As with most indicators, signals generated by bollinger band crossover should be confirmed using complimentary indicators.
bollinger bands,bollinger band crossover,stock market timing signal,bollinger band indicator screener
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- 12/1/2017
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Dow Jones
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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 and MACD bearish divergence
Daily :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range and Lane's Stochastic are strongly overboughtDaily  MACD line has moved above its signal lineThe price is above the upper Bollinger Band
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It was a second consecutive positive week for the Dow Jones (^DJI). During the week, the ^DJI gained 673.60 points, or 2.86%, and closed at 24231.59 on Friday, December 01, 2017. Weekly volume was 44% above average.

Long-term trend: [See ^DJI long-term trend chart]
A long-term uptrend had started on March 9, 2009 at 6440.08 and reached 24327.82 on November 30, 2017. ^DJI gained -17887.74 points, or -277.76%, in 455 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (18451.19) 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 long-term trend.

Medium-term trend: [See ^DJI medium-term trend chart]
A medium-term uptrend had started on August 24, 2015 at 15370.33 and reached 24327.82 on November 30, 2017. ^DJI gained -8957.49 points, or -58.28%, in 118 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (22480.15) 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 ^DJI 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 and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and 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. 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 15, 2017. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See ^DJI short-term trend chart]
A short-term uptrend had started on April 19, 2017 at 20379.55 and reached 24327.82 on November 30, 2017. ^DJI gained -3948.27 points, or -19.37%, in 225 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (22695.16) 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 ^DJI daily technical indicators chart]
Daily 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 Williams' Percentage Range and Lane's Stochastic.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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) 75.99
Williams' Percentage Range (W%R) 2.10
Strong Overbought
Lane's Stochastic (%D-Slow) 92.88
Strong Overbought
Greed/Fear Indicator (GFI) 88.93
Overbought
Moving Average Converg./Diverg. (MACD) 175.68
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 88.27
Overbought
Williams' Percentage Range (W%R) 0.80
Strong Overbought
Lane's Stochastic (%D-Slow) 93.62
Strong Overbought Bearish
Greed/Fear Indicator (GFI) 90.36
Strong Overbought
Moving Average Converg./Diverg. (MACD) 615.62 Bearish
Trading Signals
Description Value Chart
Daily Stochastic Crossing 24284.49
Price 24231.59
Weekly Stochastic Crossing 24217.71
Upper Bollinger Band 24149.52
Monthly Trendline Resistance 24125.03
20 Day Moving Average 23599.84
Parabolic System 23587.64
Weekly Trendline Resistance 23367.11
50 Day Moving Average 23196.05
Lower Bollinger Band 23103.28
Weekly Trendline Support 22695.16
Monthly Trendline Support 22489.76
Quarterly Trendline Support 22480.15
Yearly Trendline Resistance 21912.30
Quarterly Trendline Resistance 19825.84
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Low 21600.34
Low Date 08/21/2017
High 24327.82
High Date 11/30/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 23367.11
Support 22695.16
Low 20379.55
Low Date 04/19/2017
High 24327.82
High Date 11/30/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 24125.03
Support 22489.76
Low 15450.56
Low Date 01/20/2016
High 24327.82
High Date 11/30/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 19825.84
Support 22480.15
Low 15370.33
Low Date 08/24/2015
High 24327.82
High Date 11/30/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 21912.30
Support 18451.19
Low 6440.08
Low Date 03/09/2009
High 24327.82
High Date 11/30/2017
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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