The Greedy Trader Weekly Analysis
Sign In Oct 13, 2017
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
TA Search
Price vs. Upper Bollinger Band:Crossover
Number of records: 15
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
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
Archive
- 10/6/2017
Sign In to see current Signals.
Dow Jones
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtLane's Stochastic bearish divergence
Daily :Relative Strength Index is overboughtWilliams' Percentage Range and Lane's Stochastic are strongly overboughtMACD bearish divergenceThe price has risen above the Parabolic SARTrend resistance at 22781.33The price touches the upper Bollinger Band
Move cursor over the icon to see details.

It was a fourth consecutive positive week for the Dow Jones (^DJI). During the week, the ^DJI gained 368.58 points, or 1.65%, and closed at 22773.67 on Friday, October 06, 2017. Weekly volume was 7% 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 22777.04 on October 5, 2017. ^DJI gained -16336.96 points, or -253.68%, in 447 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (18240.85) 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 22777.04 on October 5, 2017. ^DJI gained -7406.71 points, or -48.19%, in 110 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (21888.54) 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 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 weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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 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. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 22777.04 on October 5, 2017. ^DJI gained -2397.49 points, or -11.76%, in 169 days. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (22781.33). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.

Daily Technical Indicators: [See ^DJI daily technical indicators chart]
Daily 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 daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic. 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. Use the following link to access Relative Strength Index help.

The daily MACD line is above its signal line since September 11, 2017. 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.

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) 81.49
Overbought
Williams' Percentage Range (W%R) 1.80
Strong Overbought
Lane's Stochastic (%D-Slow) 98.45
Strong Overbought
Greed/Fear Indicator (GFI) 92.72
Strong Overbought
Moving Average Converg./Diverg. (MACD) 160.47 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 75.84
Williams' Percentage Range (W%R) 0.70
Strong Overbought
Lane's Stochastic (%D-Slow) 88.43
Overbought Bearish
Greed/Fear Indicator (GFI) 84.51
Overbought
Moving Average Converg./Diverg. (MACD) 474.06
Trading Signals
Description Value Chart
Monthly Trendline Resistance 23539.43
Upper Bollinger Band 22783.31
Weekly Trendline Resistance 22781.33
Price 22773.67
Daily Stochastic Crossing 22767.60
Weekly Stochastic Crossing 22722.27
20 Day Moving Average 22387.36
Parabolic System 22352.47
Weekly Trendline Support 22109.38
50 Day Moving Average 22092.47
Lower Bollinger Band 21994.43
Monthly Trendline Support 21904.16
Quarterly Trendline Support 21888.54
Yearly Trendline Resistance 21701.95
Quarterly Trendline Resistance 19683.29
Yearly Trendline Support 18240.85
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Low 21600.34
Low Date 08/21/2017
High 22777.04
High Date 10/05/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 22781.33
Support 22109.38
Low 20379.55
Low Date 04/19/2017
High 22777.04
High Date 10/05/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 23539.43
Support 21904.16
Low 15450.56
Low Date 01/20/2016
High 22777.04
High Date 10/05/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 19683.29
Support 21888.54
Low 15370.33
Low Date 08/24/2015
High 22777.04
High Date 10/05/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 21701.95
Support 18240.85
Low 6440.08
Low Date 03/09/2009
High 22777.04
High Date 10/05/2017
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.

Copyright© 2004-2016 All rights reserved.