The Greedy Trader Weekly Analysis
Sign In Sep 29, 2023
Skip Navigation Links

Stocks Screener

Share
Yearly Pattern:Broadening Ascending Wedge
Number of records: 53
Archive
Sign In to see current Analysis.

Trend Analysis and Technical Indicators Scanner

- 9/22/2023 -
Your access is limited. Subscribe to see all 53 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
PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
AEE 80.21-0.69%62.3330.37 3 38 1 Add to Watch List
ALL 114.094.88%77.0960.35 11 108 1 Add to Watch List
AMGN 267.702.68%74.2079.50 6 76 1 Downtrend Broken Resist.09/22/23	Bullish  Doji
Add to Watch List
AMP 333.49-3.93%36.3358.39 11 50 4 Add to Watch List
AZO 2570.271.60%52.4555.06 4 47 2 Downtrend Broken Resist.09/22/23	Bullish  Piercing Line
Add to Watch List
CB 213.080.41%78.3374.80 11 108 1 Add to Watch List
CF 84.212.57%66.1473.85 8 58 Add to Watch List
CI 289.442.20%76.9358.76 6 104 09/19/23	Bullish  Doji
Add to Watch List
CINF 107.01-0.17%56.7765.02 11 108 2 Add to Watch List
COP 119.16-3.57%39.9975.65 12 110 2 09/22/23	Bullish  Homing Pigeon
09/21/23	Bearish  Long Red Real Body
Add to Watch List
Help

Chart Analysis and Chart Pattern Recognition – Broadening Formations

Broadening Formations, including Broadening Ascending Wedge, present inverted triangle patterns. They start with narrow fluctuations, and then widen out between diverging boundary lines. The pattern, where one of the boundary lines is horizontal, is referred to as a right-angled formation. Broadening formations usually mark the reversal when confirmed by other technical indicators.
Broadening formations Screening page presents a list of stocks forming Broadening formation Pattern.
Tips:
# 1
As a reversal formation, Broadening formation Pattern appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators. This situation usually generates divergence on long-term indicators.
# 2 For the best results, chart patterns and trend resistance support should be considered together with other technical analysis signals and technical trading techniques.

Stock Chart Patterns.

Price chart is the result of activity of all market participants. It reflects periods of high expectations, greed and fear. As 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 sub waves are required to perform a reliable pattern screening. We use minimal required number of sub waves for an earlier pattern recognition screener. On the other hand, pattern formed with more sub waves is more reliable.
Related Links
Hide Help
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.