The Greedy Trader Weekly Analysis
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Daily RSI:< 30
Number of records: 10
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Relative Strength Index (RSI Indicator)

The Relative Strength Index is a popular momentum oscillator, developed by Welles Wilder, Jr. It is one of the most widely used technical indicators. Relative Strength Index compares upward vs. downward movements in closing over a selected period. The RSI Indicator fluctuates from 0% to 100%. A stock with RSI Indicator higher than 70% is considered overbought and lower than 30% - oversold. A good rule is to adjust overbought/oversold index range to 80% in bull and to 20% in bear markets. Relative Strength Index can provide an early warning, but not the final signal. It should be used in conjunction with other stock picking techniques. The divergence between RSI Indicator and underlying stock price is the most important signal provided by RSI, and it can be an indication of an impending reversal. Using the RSI divergence (bullish and bearish), chart patterns, trendlines, support, and resistance lines along with the RSI Indicator chart can be very useful.

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- 6/7/2024 -
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Capri Hold (CPRI) Technical Analysis

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Summary:
Weekly :Oversold sectorRelative Strength Index and Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldRelative Strength Index and Lane's Stochastic bullish divergence
Daily :The price has risen above the Parabolic SARPrice is near the Fibonacci 23.6% retracement level
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It was the negative week for the Capri Hold (CPRI). During the week, the CPRI dropped -0.65 points, or -1.88%, and closed at 33.90 on Friday, June 7, 2024. Weekly volume was -48% below average.

CPRI is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See CPRI long-term trend chart]
A long-term downtrend had started on February 10, 2022 at 72.37 and reached 32.95 on May 30, 2024. CPRI lost 39.42 points, or 54.47%, in 120 weeks. Price is near the trend low.

Medium-term trend: [See CPRI medium-term trend chart]
A medium-term downtrend had started on August 10, 2023 at 54.52 and reached 32.95 on May 30, 2024. CPRI lost 21.57 points, or 39.56%, in 42 weeks. Price is near the trend low.

Weekly Technical Indicators: [See CPRI weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Weekly Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bullish 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 below its signal line since November 17, 2023. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See CPRI short-term trend chart]
A short-term downtrend had started on May 7, 2024 at 37.00 and reached 32.95 on May 30, 2024. CPRI lost 4.05 points, or 10.95%, in 23 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See CPRI daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since May 2, 2024. The distance between MACD and the signal line is low, but getting bigger.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 22.37
Williams' Percentage Range (W%R) 79.80
Lane's Stochastic (%D-Slow) 48.40
Greed/Fear Indicator (GFI) 30.33
Moving Average Converg./Diverg. (MACD) -1.09
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 10.59
Oversold Bullish
Williams' Percentage Range (W%R) 95.50
Strong Oversold
Lane's Stochastic (%D-Slow) 10.36
Oversold Bullish
Greed/Fear Indicator (GFI) 13.38
Oversold
Moving Average Converg./Diverg. (MACD) -2.50 Bullish
Trading Signals
Description Value Chart
50 Day Moving Average 37.48
Upper Bollinger Band 36.71
20 Day Moving Average 34.92
Price 33.90
Daily Stochastic Crossing 33.79
Weekly Stochastic Crossing 33.74
Lower Bollinger Band 33.22
Parabolic System 33.06
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 2
Industry Apparel, Accessories & Luxury Goods 37
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 37.00
High Date 05/07/2024
Low 32.95
Low Date 05/30/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 46.91
High Date 03/18/2024
Low 32.95
Low Date 05/30/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 51.23
High Date 01/11/2024
Low 32.95
Low Date 05/30/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 54.52
High Date 08/10/2023
Low 32.95
Low Date 05/30/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 72.37
High Date 02/10/2022
Low 32.95
Low Date 05/30/2024
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.