The Greedy Trader Weekly Analysis
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Weekly W%R Divergence:Bullish
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Williams' Percentage Range (W%R)

Williams' %R is an effective momentum indicator that measures overbought/oversold levels. Like other indicators, W%R ranges between 0% and 100% , but in opposite to the other indicators, the 0% indicating overbought and 100% - the oversold stocks. W%R measures the closing price in relation to the recent low/high range. A bullish signal is generated when the W%R has reached 100, five time bars have elapsed, and the W%R has subsequently fallen to 95. A reverse signal is considered as bearish. For the sake of simplicity, the W%R closed above 10% is considered bearish and below 90% - bullish. In trending markets, the W%R stays at one end of the scale and gives false signals to trade against the trend. That is why W%R is not considered a stand-along technique, and it is essential to use it with some sort of trend formation indicators. The divergence between price and W%R rarely occurs and presents an important buy/sell signal. As our research shows, the W%R move to upper or lower bounds can be used as an earliest signal of an impending reversal. Using the Williams %R bullish divergence/bearish divergence, chart patterns, trendlines, support, and resistance lines along with the W%R chart can be very useful.

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- 5/10/2024 -
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Capri Hold (CPRI) Technical Analysis

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Summary:
Weekly :Oversold sectorOversold industryRelative Strength Index and Williams' Percentage Range oversoldLane's Stochastic is strongly oversold
Daily :
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It was a second positive week after 4 consecutive negative weeks for the Capri Hold (CPRI). During the week, the CPRI gained 0.44 points, or 1.23%, and closed at 36.12 on Friday, May 10, 2024. It was the best weekly gain since March 8, 2024. Weekly volume was -28% below average.

CPRI is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. CPRI is a member of Apparel, Accessories & Luxury Goods Industry. Apparel, Accessories & Luxury Goods is the eighth most oversold industry. 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 uptrend had started on July 6, 2023 at 34.17 and reached 54.52 on August 10, 2023. CPRI gained -20.35 points, or -59.56%, in 5 weeks. The price is now at the 90.42% retracement level.

Medium-term trend: [See CPRI medium-term trend chart]
A medium-term downtrend had started on August 10, 2023 at 54.52 and reached 34.30 on April 25, 2024. CPRI lost 20.22 points, or 37.09%, in 37 weeks. The price is now at the 9.00% retracement level.

Weekly Technical Indicators: [See CPRI weekly technical indicators chart]
Weekly Relative Strength Index and Williams' Percentage Range are oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Williams' Percentage Range or strongly oversold 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 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 March 18, 2024 at 46.91 and reached 34.30 on April 25, 2024. CPRI lost 12.61 points, or 26.88%, in 38 days. The price is now at the 14.43% retracement 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.89
Williams' Percentage Range (W%R) 70.00
Lane's Stochastic (%D-Slow) 74.53
Greed/Fear Indicator (GFI) 47.48
Moving Average Converg./Diverg. (MACD) -2.01
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 13.37
Oversold
Williams' Percentage Range (W%R) 87.00
Oversold
Lane's Stochastic (%D-Slow) 8.10
Strong Oversold
Greed/Fear Indicator (GFI) 16.35
Oversold
Moving Average Converg./Diverg. (MACD) -1.39
Trading Signals
Description Value Chart
50 Day Moving Average 41.71
Upper Bollinger Band 40.08
20 Day Moving Average 36.59
Daily Stochastic Crossing 36.54
Price 36.12
Weekly Stochastic Crossing 35.42
Parabolic System 35.35
Lower Bollinger Band 34.76
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 2
Industry Apparel, Accessories & Luxury Goods 8
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 46.91
High Date 03/18/2024
Low 34.30
Low Date 04/25/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 51.23
High Date 01/11/2024
Low 34.30
Low Date 04/25/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 54.52
High Date 08/10/2023
Low 34.30
Low Date 04/25/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 34.17
Low Date 07/06/2023
High 54.52
High Date 08/10/2023
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 72.37
High Date 02/10/2022
Low 34.17
Low Date 07/06/2023
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.