The Greedy Trader Weekly Analysis
Sign In Feb 15, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
TA Search
Price vs. Upper Bollinger Band:Crossover
Number of records: 10
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• 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
- 2/8/2019
Sign In to see current Signals.
Adobe Systems
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance lineWeekly  MACD line has moved above its signal lineBroken trend resistance line
Daily :Lane's Stochastic is overbought
Move cursor over the icon to see details.

It was a second consecutive positive week for the Adobe Systems (ADBE). During the week, the ADBE gained 9.62 points, or 3.89%, and closed at 257.00 on Friday, February 8, 2019. Weekly volume was -14% below average.

Long-term trend: [See ADBE long-term trend chart]
A long-term uptrend had started on August 11, 2011 at 22.67 and reached 277.61 on September 14, 2018. ADBE gained -254.94 points, or -1124.57%, in 370 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (126.01) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 ADBE medium-term trend chart]
A medium-term downtrend had started on September 14, 2018 at 277.61 and reached 204.95 on December 24, 2018. ADBE lost 72.66 points, or 26.17%, in 14 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (202.03) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. ADBE may retest the broken resistance line. It is considered to be a support line now. 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 ADBE 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 ADBE short-term trend chart]
A short-term uptrend had started on December 24, 2018 at 204.95 and reached 258.56 on February 5, 2019. ADBE gained -53.61 points, or -26.16%, in 43 days. Price is near the trend high.

Daily Technical Indicators: [See ADBE daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. 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 link to access Lane's Stochastic help.

The daily MACD line is above its signal line since January 3, 2019. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.37
Williams' Percentage Range (W%R) 26.90
Lane's Stochastic (%D-Slow) 84.26
Overbought
Greed/Fear Indicator (GFI) 73.22
Moving Average Converg./Diverg. (MACD) 4.33
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.98
Williams' Percentage Range (W%R) 35.60
Lane's Stochastic (%D-Slow) 68.65
Greed/Fear Indicator (GFI) 61.76
Moving Average Converg./Diverg. (MACD) -0.37
Trading Signals
Description Value Chart
Upper Bollinger Band 258.06
Price 257.00
Daily Stochastic Crossing 255.25
Monthly Trendline Resistance 246.90
20 Day Moving Average 245.87
Parabolic System 245.82
Weekly Stochastic Crossing 244.39
50 Day Moving Average 238.11
Lower Bollinger Band 233.51
Sector and Industry
Description Name Rank
Sector Technology 7
Industry Application Software 134
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 237.27
Low Date 01/29/2019
High 258.56
High Date 02/05/2019
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 204.95
Low Date 12/24/2018
High 258.56
High Date 02/05/2019
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 246.90
Support 202.03
High 277.61
High Date 09/14/2018
Low 204.95
Low Date 12/24/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 130.59
Support 126.01
Low 22.67
Low Date 08/11/2011
High 277.61
High Date 09/14/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 15.70
Low Date 02/27/2009
High 277.61
High Date 09/14/2018
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.

Copyright© 2004-2018 All rights reserved.