|
Uptrend SupportArchive - 6/7/2024 - Sign In to see current Signals. |
Expeditors Int'l. (EXPD) Technical Analysis
|
![Subscribe to TheGreedyTrader Weekly Alerts](images/alert4.gif) |
| Summary:
| | Weekly :![Broken trend resistance line](images\bullish.gif) ![Weekly MACD line has moved above its signal line](images\bullish.gif) ![Broken trend resistance line](images\alert_signals.gif) | | Daily :![Williams' Percentage Range is overbought](images\bearish.gif) ![Lane's Stochastic is strongly overbought](images\bearish.gif) Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Expeditors Int'l. (EXPD). During the week, the EXPD gained 4.57 points, or 3.78%, and closed at 125.47 on Friday, June 7, 2024. Weekly volume was 27% above average.
Long-term trend: [See EXPD long-term trend chart] A long-term uptrend had started on October 10, 2012 at 34.20 and reached 137.80 on December 16, 2021. EXPD gained -103.60 points, or -302.92%, in 479 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (96.74) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 EXPD medium-term trend chart] A medium-term downtrend had started on January 25, 2024 at 131.17 and reached 111.20 on May 1, 2024. EXPD lost 19.97 points, or 15.22%, in 13 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (109.74) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. EXPD may retest the broken resistance line. It is considered to be a support line now. 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 medium-term trend.
Weekly Technical Indicators: [See EXPD weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
Short-term trend: [See EXPD short-term trend chart] A short-term uptrend had started on May 1, 2024 at 111.20 and reached 126.47 on June 5, 2024. EXPD gained -15.27 points, or -13.73%, in 35 days. The price is now at the 6.55% retracement level.
Daily Technical Indicators: [See EXPD daily technical indicators chart] Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily 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 and Williams' Percentage Range help. The daily MACD line is above its signal line since May 2, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
| |
|
|