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Uptrend ExhaustionArchive - 12/13/2024 - Sign In to see current Signals. |
F5 Networks (FFIV) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the F5 Networks (FFIV). During the week, the FFIV gained 4.66 points, or 1.81%, and closed at 261.80 on Friday, December 13, 2024. Weekly volume was 19% above average. Long-term trend: [See FFIV long-term trend chart] A long-term uptrend had started on April 20, 2023 at 127.05 and reached 264.40 on December 13, 2024. FFIV gained -137.35 points, or -108.11%, in 86 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (179.42) is broken, while daily and weekly technical indicators are overbought. Uptrend 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 resistance line in a long-term trend. Medium-term trend: [See FFIV medium-term trend chart] A medium-term uptrend had started on April 30, 2024 at 159.01 and reached 264.40 on December 13, 2024. FFIV gained -105.39 points, or -66.28%, in 32 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (230.25) is broken, while daily and weekly technical indicators are overbought. Uptrend 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 resistance line in a medium-term trend. Weekly Technical Indicators: [See FFIV weekly technical indicators chart] Weekly Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Weekly Relative Strength Index has bearish divergence. Use the following links to access the Relative Strength Index help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 above its signal line since July 26, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help. Short-term trend: [See FFIV short-term trend chart] A short-term uptrend had started on November 4, 2024 at 229.50 and reached 264.40 on December 13, 2024. FFIV gained -34.90 points, or -15.21%, in 39 days. The price is now at the 7.45% retracement level. Daily Technical Indicators: [See FFIV daily technical indicators chart] Daily Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The daily MACD line is above its signal line since November 25, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. Candlestick pattern: [See FFIV candlestick chart pattern] On Friday the chart has formed a Bearish Advance Block Candlestick pattern. This pattern occurs in an uptrend; it is not a top reversal pattern, but it might precede a meaningful price decline. The reliability of the Bearish Advance Block pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Advance Block Candlestick pattern during the last week.
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