The Greedy Trader Weekly Analysis
Sign In Apr 5, 2024
Skip Navigation Links
Share
Number of records: 10
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

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 3/28/2024 -
Sign In to see current Signals.

Church & Dwight (CHD) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Relative Strength Index and Lane's Stochastic are overboughtWilliams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Williams' Percentage Range is overboughtThe price has risen above the Parabolic SARPrice is near the Fibonacci 61.8% retracement level
Move cursor over the icon to see details.

It was the negative week for the Church & Dwight (CHD). During the week, the CHD gave back -0.29 points, or -0.28%, and closed at 104.31 on Thursday, March 28, 2024. Weekly volume was -11% below average.

Long-term trend: [See CHD long-term trend chart]
A long-term downtrend had started on April 27, 2022 at 105.28 and reached 70.16 on October 10, 2022. CHD lost 35.12 points, or 33.36%, in 23 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (86.70) 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. CHD 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 long-term trend.

Medium-term trend: [See CHD medium-term trend chart]
A medium-term uptrend had started on November 3, 2023 at 82.25 and reached 105.67 on March 13, 2024. CHD gained -23.42 points, or -28.47%, in 18 weeks. The price is now at the 5.81% retracement level.

Weekly Technical Indicators: [See CHD 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. 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 December 29, 2023. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See CHD short-term trend chart]
A short-term downtrend had started on March 13, 2024 at 105.67 and reached 102.28 on March 21, 2024. CHD lost 3.39 points, or 3.21%, in 8 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See CHD daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range.

The daily MACD line is below its signal line since March 19, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.92
Williams' Percentage Range (W%R) 15.70
Overbought
Lane's Stochastic (%D-Slow) 47.98
Greed/Fear Indicator (GFI) 61.05
Moving Average Converg./Diverg. (MACD) 1.19
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 82.27
Overbought
Williams' Percentage Range (W%R) 4.40
Strong Overbought
Lane's Stochastic (%D-Slow) 83.63
Overbought
Greed/Fear Indicator (GFI) 80.00
Moving Average Converg./Diverg. (MACD) 1.99
Trading Signals
Description Value Chart
Upper Bollinger Band 105.69
Price 104.31
Weekly Stochastic Crossing 104.29
20 Day Moving Average 103.56
Daily Stochastic Crossing 103.48
Parabolic System 102.18
50 Day Moving Average 100.89
Lower Bollinger Band 100.52
Yearly Trendline Resistance 97.58
Yearly Trendline Support 86.70
Sector and Industry
Description Name Rank
Sector Consumer Staples 5
Industry Household Products 79
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 102.80
Low Date 03/26/2024
High 104.70
High Date 03/28/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 105.67
High Date 03/13/2024
Low 102.28
Low Date 03/21/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 96.09
Low Date 02/14/2024
High 105.67
High Date 03/13/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 82.25
Low Date 11/03/2023
High 105.67
High Date 03/13/2024
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 97.58
Support 86.70
High 105.28
High Date 04/27/2022
Low 70.16
Low Date 10/10/2022
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.