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Downtrend exhaustion - Stock Market Timing Signals and trading strategies.

Downtrend exhaustion stock alert presents a stock market trading strategy based on combination of timing signals, technical indicators, trend analysis and pattern recognition. Stock market alert is a warning signal. It indicates that long term downtrend is exhausted and probability of long term trend reversal is high. Downtrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for undervalued stocks. The strategy is based on taking long position on anticipation of downtrend reversal. Downtrend exhaustion timing strategy and stock trading system presents alerts for S&P 500 index members, ETFs and market indices. As S&P 500 trading system it shows excellent results for index timing also.

Downtrend Exhaustion

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- 2/14/2025 -
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Hologic Inc (HOLX) Technical Analysis

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Summary:
Weekly :Overbought sectorRelative Strength Index and Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldBroken trend support line
Daily :Relative Strength Index oversoldWilliams' Percentage Range and Lane's Stochastic are strongly oversoldThe Bollinger Bands are historically far apart
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It was the negative week for the Hologic Inc (HOLX). During the week, the HOLX dropped -1.56 points, or -2.42%, and closed at 63.02 on Friday, February 14, 2025. Weekly volume was 23% above average.

HOLX is a member of Health Care Sector. Health Care is the second most overbought sector. 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 HOLX long-term trend chart]
A long-term uptrend had started on March 9, 2009 at 9.31 and reached 87.88 on May 1, 2023. HOLX gained -78.57 points, or -843.93%, in 738 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (69.40) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. HOLX may retest the broken support line. It is considered to be a resistance 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 support in a long-term trend.

Medium-term trend: [See HOLX medium-term trend chart]
A medium-term downtrend had started on August 9, 2024 at 84.67 and reached 62.94 on February 14, 2025. HOLX lost 21.73 points, or 25.66%, in 27 weeks. Price is near the trend low.

Weekly Technical Indicators: [See HOLX weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. 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 October 18, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.

Short-term trend: [See HOLX short-term trend chart]
A short-term downtrend had started on February 5, 2025 at 73.07 and reached 62.94 on February 14, 2025. HOLX lost 10.13 points, or 13.86%, in 9 days. Price is near the trend low.

Daily Technical Indicators: [See HOLX daily technical indicators chart]
Daily Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index or strongly oversold daily Williams' Percentage Range and Lane's Stochastic.

The daily MACD line is below its signal line since February 5, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.

The distance between the Bollinger Bands (22.53%) is close to one year high (16.13%). It is 243.09% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 17.97
Oversold
Williams' Percentage Range (W%R) 90.30
Strong Oversold
Lane's Stochastic (%D-Slow) 6.03
Strong Oversold
Greed/Fear Indicator (GFI) 11.22
Oversold
Moving Average Converg./Diverg. (MACD) -1.63
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 18.17
Oversold
Williams' Percentage Range (W%R) 95.40
Strong Oversold
Lane's Stochastic (%D-Slow) 15.89
Oversold
Greed/Fear Indicator (GFI) 17.55
Oversold
Moving Average Converg./Diverg. (MACD) -1.25
Trading Signals
Description Value Chart
Upper Bollinger Band 75.20
50 Day Moving Average 71.39
Yearly Trendline Support 69.40
20 Day Moving Average 68.98
Parabolic System 68.76
Weekly Stochastic Crossing 65.01
Daily Stochastic Crossing 63.27
Price 63.02
Lower Bollinger Band 60.99
Sector and Industry
Description Name Rank
Sector Health Care 8
Industry Health Care Equipment 80
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 73.07
High Date 02/05/2025
Low 62.94
Low Date 02/14/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 83.09
High Date 09/17/2024
Low 62.94
Low Date 02/14/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 84.67
High Date 08/09/2024
Low 62.94
Low Date 02/14/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 64.02
Low Date 10/30/2023
High 84.67
High Date 08/09/2024
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Support
Resistance 96.83
Support 69.40
Low 9.31
Low Date 03/09/2009
High 87.88
High Date 05/01/2023
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.