The Greedy Trader Weekly Analysis
Sign In Mar 24, 2023
Skip Navigation Links
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

Indices ETFs Technical Analysis

Archive
- 3/17/2023 -
Sign In to see current Signals.

DIAMONDS Trust, Series 1 (DIA)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Trend resistance at 317.72
Daily :
Move cursor over the icon to see details.

It was the negative week for the DIAMONDS Trust, Series 1 (DIA). During the week, the DIA gave back -1.32 points, or -0.41%, and closed at 318.54 on Friday, March 17, 2023. Weekly volume was 49% above average.

Long-term trend: [See DIA long-term trend chart]
A long-term downtrend had started on January 5, 2022 at 369.50 and reached 286.62 on October 13, 2022. DIA lost 82.88 points, or 22.43%, in 40 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (317.72). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See DIA medium-term trend chart]
A medium-term downtrend had started on February 14, 2023 at 343.53 and reached 314.97 on March 15, 2023. DIA lost 28.56 points, or 8.31%, in 4 weeks. The price is now at the 12.5% retracement level.

Weekly Technical Indicators: [See DIA weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since February 24, 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 DIA short-term trend chart]
A short-term downtrend had started on March 6, 2023 at 336.12 and reached 314.97 on March 15, 2023. DIA lost 21.15 points, or 6.29%, in 9 days. The price is now at the 16.88% retracement level.

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

The daily MACD line is below its signal line since February 15, 2023. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.14
Williams' Percentage Range (W%R) 75.50
Lane's Stochastic (%D-Slow) 23.60
Greed/Fear Indicator (GFI) 28.42
Moving Average Converg./Diverg. (MACD) -3.36
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.08
Williams' Percentage Range (W%R) 75.10
Lane's Stochastic (%D-Slow) 31.66
Greed/Fear Indicator (GFI) 34.49
Moving Average Converg./Diverg. (MACD) 2.81
Trading Signals
Description Value Chart
Upper Bollinger Band 338.00
50 Day Moving Average 333.78
20 Day Moving Average 327.23
Parabolic System 324.54
Weekly Stochastic Crossing 321.64
Daily Stochastic Crossing 319.11
Price 318.54
Quarterly Trendline Resistance 317.72
Lower Bollinger Band 315.89
Quarterly Trendline Support 273.83
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 336.12
High Date 03/06/2023
Low 314.97
Low Date 03/15/2023
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 343.53
High Date 02/14/2023
Low 314.97
Low Date 03/15/2023
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 286.62
Low Date 10/13/2022
High 348.22
High Date 12/13/2022
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Test Resistance
Resistance 317.72
Support 273.83
High 369.50
High Date 01/05/2022
Low 286.62
Low Date 10/13/2022
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 64.78
Low Date 03/06/2009
High 369.50
High Date 01/05/2022
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.

Copyright© 2004- All rights reserved.