The Greedy Trader Weekly Analysis
Sign In Dec 20, 2024
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 12/13/2024 -
Sign In to see current Signals.

Alexandria Real Estate Equities (ARE) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance lineBroken trend support line - Downtrend exhaustionLane's Stochastic oversoldWilliams' Percentage Range is strongly oversold
Daily :Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversold
Move cursor over the icon to see details.

It was the negative week for the Alexandria Real Estate Equities (ARE). During the week, the ARE dropped -1.15 points, or -1.11%, and closed at 102.70 on Friday, December 13, 2024. Weekly volume was 23% above average.

Long-term trend: [See ARE long-term trend chart]
A long-term downtrend had started on December 31, 2021 at 224.95 and reached 90.73 on October 31, 2023. ARE lost 134.22 points, or 59.67%, in 95 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (51.22) is broken. A broken support is considered to be a long-term bullish signal. 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 ARE medium-term trend chart]
A medium-term downtrend had started on December 14, 2023 at 135.45 and reached 101.40 on December 13, 2024. ARE lost 34.05 points, or 25.14%, in 52 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (106.62) is broken, while daily and weekly technical indicators are oversold. Downtrend 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 support in a medium-term trend.

Weekly Technical Indicators: [See ARE weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. 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 below its signal line since October 18, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See ARE short-term trend chart]
A short-term downtrend had started on October 16, 2024 at 123.10 and reached 101.40 on December 13, 2024. ARE lost 21.70 points, or 17.63%, in 58 days. The price is now at the 5.99% retracement level.

Daily Technical Indicators: [See ARE daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range.

The daily MACD line is below its signal line since December 10, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.74
Williams' Percentage Range (W%R) 91.80
Strong Oversold
Lane's Stochastic (%D-Slow) 19.30
Oversold
Greed/Fear Indicator (GFI) 23.07
Moving Average Converg./Diverg. (MACD) -1.94
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.41
Williams' Percentage Range (W%R) 96.30
Strong Oversold
Lane's Stochastic (%D-Slow) 14.82
Oversold
Greed/Fear Indicator (GFI) 18.96
Oversold
Moving Average Converg./Diverg. (MACD) -1.67
Trading Signals
Description Value Chart
Upper Bollinger Band 112.81
50 Day Moving Average 111.59
Parabolic System 108.47
Monthly Trendline Support 106.62
20 Day Moving Average 106.58
Weekly Stochastic Crossing 104.85
Price 102.70
Daily Stochastic Crossing 102.41
Lower Bollinger Band 101.18
Yearly Trendline Resistance 88.66
Sector and Industry
Description Name Rank
Sector Real Estate 6
Industry Office REITs 46
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 123.10
High Date 10/16/2024
Low 101.40
Low Date 12/13/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 125.63
High Date 09/13/2024
Low 101.40
Low Date 12/13/2024
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Support
Resistance 123.69
Support 106.62
High 135.45
High Date 12/14/2023
Low 101.40
Low Date 12/13/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 90.73
Low Date 10/31/2023
High 135.45
High Date 12/14/2023
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 88.66
Support 51.22
High 224.95
High Date 12/31/2021
Low 90.73
Low Date 10/31/2023
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.