The Greedy Trader Weekly Analysis
Sign In Jun 7, 2024
Skip Navigation Links

Stocks Screener

Monthly Pattern:Falling Channel
Number of records: 18
Sign In to see current Analysis.

Trend Analysis and Technical Indicators Scanner

- 5/31/2024 -
Your access is limited. Subscribe to see all 18 selected stocks.
Open Saved Filters How to use the Analysis page?
Symbol View HelpWeekly View HelpGFI View HelpOscillators View HelpTrend Analysis View HelpRanking View HelpTechnical View HelpCandle View HelpWatch View Help
ABT 102.19-1.69%28.0416.17 2 43 2 Add to Watch List
ADSK 201.60-6.18%18.9218.12 4 29 2 Downtrend Exhaustion05/31/24	Bearish  Thrusting
05/30/24	Bearish  Long Red Real Body
Add to Watch List
AMT 195.745.28%57.9347.19 8 37 2 Add to Watch List
BMY 41.09-0.36%11.0212.49 2 30 3 Downtrend Broken Resist.Add to Watch List
DXC 15.55-0.51%14.6019.67 4 19 3 Downtrend ExhaustionAdd to Watch List
ES 59.232.95%28.9953.53 12 105 2 Downtrend Broken Resist.05/31/24	Bullish  Long White Real Body
05/29/24	Bearish  On Neck
Add to Watch List
FTV 74.44-1.91%19.9326.98 7 56 1 Add to Watch List
FXY 58.84-0.24%23.6020.32 1 Add to Watch List

Channeling Stock - rising channel and falling channel.

Stock channeling technique is one of the most efficient and widely used trading technique. Price channel represents price movement bound by parallel lower (support) and upper (resistance) trend lines. Channels with rising trend lines (rising channel) are considered bullish and the falling channel is considered as bearish . Channels are continuation formations as far as support and resistance are not broken.
Trading technique:
# 1
Buy channeling stock on support and sell on resistance.
# 2 For bullish channel: sell channeling stock when price breakes the stock channeling support line. For bearish channel: buy channeling stock when price breaks the resistance line.
# 1 For the best results, stock channeling should be considered together with other technical analysis signals and technical trading techniques.
Estimated Target: the main trend support/resistance line.

Stock Chart Patterns.

The price chart is the result of the activity of all market participants. It reflects periods of high expectations, greed and fear. As with most emotional human activities, it presents different patterns. Chart analysis and pattern recognition provide useful information for technical analysis, trend analysis, and market timing signals for technical trading. Trendlines and chart patterns can be analyzed in different time frames: from intraday, daily and weekly frames, up to multi-year patterns. It is the best practice to analyze patterns in conjunction with other technical indicators. Each price pattern is formed by several smaller sub waves. At least 3 – 4 subwaves are required to perform a reliable pattern screening. We use a minimal required number of sub waves for an earlier pattern recognition screener. On the other hand, a pattern formed with more subwaves is more reliable.
Related Links
Hide Help
Warning: 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.