The Greedy Trader Weekly Analysis
Sign In Oct 11, 2024
Skip Navigation Links
Share
Number of records: 8
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

Uptrend Exhaustion

Uptrend Exhaustion 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. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.

Uptrend Exhaustion

Archive
- 10/4/2024 -
Sign In to see current Signals.

Vanguard Short-Term Bond Index Fund ETF Shares (BSV) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Lane's Stochastic is overboughtBroken trend resistance line
Daily :The price has fallen below the Parabolic SARThe price is below the lower Bollinger BandLane's Stochastic is oversoldPrice has crossed below the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Vanguard Short-Term Bond Index Fund ETF Shares (BSV). During the week, the BSV gave back -0.79 points, or -1.00%, and closed at 78.04 on Friday, October 4, 2024. BSV was trading at average weekly trading volume.

Long-term trend: [See BSV long-term trend chart]
A long-term downtrend had started on July 31, 2020 at 83.30 and reached 74.03 on October 21, 2022. BSV lost 9.27 points, or 11.13%, in 116 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (75.17) 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 BSV medium-term trend chart]
A medium-term uptrend had started on May 1, 2024 at 75.72 and reached 79.02 on September 27, 2024. BSV gained -3.30 points, or -4.36%, in 21 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 77.35 and resistance is at 79.12. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See BSV weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 weekly MACD line is above its signal line since June 14, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See BSV short-term trend chart]
A short-term downtrend had started on September 27, 2024 at 79.02 and reached 78.01 on October 4, 2024. BSV lost 1.01 points, or 1.28%, in 7 days. Price is near the trend low.

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

The daily MACD line is below its signal line since September 17, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.

The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 25.16
Williams' Percentage Range (W%R) 70.10
Lane's Stochastic (%D-Slow) 8.48
Strong Oversold
Greed/Fear Indicator (GFI) 21.18
Moving Average Converg./Diverg. (MACD) 0.15
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.91
Williams' Percentage Range (W%R) 25.60
Lane's Stochastic (%D-Slow) 87.05
Overbought
Greed/Fear Indicator (GFI) 73.41
Moving Average Converg./Diverg. (MACD) 0.48
Trading Signals
Description Value Chart
Weekly Trendline Resistance 79.12
Parabolic System 79.06
Upper Bollinger Band 78.89
Weekly Stochastic Crossing 78.85
20 Day Moving Average 78.66
50 Day Moving Average 78.26
Lower Bollinger Band 78.17
Daily Stochastic Crossing 78.08
Price 78.04
Weekly Trendline Support 77.35
Yearly Trendline Support 75.17
Yearly Trendline Resistance 73.99
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 79.02
High Date 09/27/2024
Low 78.01
Low Date 10/04/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 79.12
Support 77.35
Low 75.72
Low Date 05/01/2024
High 79.02
High Date 09/27/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 74.61
Low Date 10/19/2023
High 79.02
High Date 09/27/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 74.03
Low Date 10/21/2022
High 79.02
High Date 09/27/2024
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 73.99
Support 75.17
High 83.30
High Date 07/31/2020
Low 74.03
Low Date 10/21/2022
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.