The Greedy Trader Weekly Analysis
Sign In Mar 24, 2023
Skip Navigation Links
TA Search
Price vs. Upper Bollinger Band:Crossover
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Bollinger Band crossover - Stock market timing signal.
The Bollinger bands indicator developed by John Bollinger in the early 1980s is one of the most popular and powerful trading tools. These bands are charted two standard deviations away from a simple moving average, and they provide a relative definition of high and low. Bollinger bands trading technique uses one band as an entry point exit of the other. The center band presents a neutral support/resistance level. As with most indicators, signals generated by bollinger band crossover should be confirmed using complimentary indicators.
bollinger bands,bollinger band crossover,stock market timing signal,bollinger band indicator screener

Advanced TA Search

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

iShares Lehman Aggregate Bond (AGG)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :
Daily :Williams' Percentage Range is overboughtPrice has crossed above the 50 Day Moving AverageBroken trend resistance line
Move cursor over the icon to see details.

It was a second positive week after 6 consecutive negative weeks for the iShares Lehman Aggregate Bond (AGG). During the week, the AGG gained 1.41 points, or 1.44%, and closed at 99.50 on Friday, March 17, 2023. It was the best weekly gain since January 6, 2023. Weekly volume was 35% above average.

Long-term trend: [See AGG long-term trend chart]
A long-term downtrend had started on July 20, 2021 at 116.82 and reached 93.20 on October 21, 2022. AGG lost 23.62 points, or 20.22%, in 65 weeks. The price is now at the 26.67% retracement level.

Medium-term trend: [See AGG medium-term trend chart]
A medium-term uptrend had started on October 21, 2022 at 93.20 and reached 101.15 on February 2, 2023. AGG gained -7.95 points, or -8.53%, in 14 weeks. The price is now at the 20.75% retracement level.

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

The weekly MACD line is above its signal line since November 18, 2022. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See AGG short-term trend chart]
A short-term downtrend had started on February 2, 2023 at 101.15 and reached 96.11 on March 2, 2023. AGG lost 5.04 points, or 4.98%, in 28 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (96.09) 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. AGG 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 short-term trend.

Daily Technical Indicators: [See AGG 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. 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 link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since March 9, 2023. The distance between MACD and the signal line is relatively high and getting bigger.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.44
Williams' Percentage Range (W%R) 13.80
Overbought
Lane's Stochastic (%D-Slow) 78.25
Greed/Fear Indicator (GFI) 76.62
Moving Average Converg./Diverg. (MACD) -0.23
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.10
Williams' Percentage Range (W%R) 24.20
Lane's Stochastic (%D-Slow) 25.28
Greed/Fear Indicator (GFI) 50.88
Moving Average Converg./Diverg. (MACD) -0.74
Trading Signals
Description Value Chart
Upper Bollinger Band 99.96
Price 99.50
Daily Stochastic Crossing 99.08
50 Day Moving Average 98.76
Parabolic System 98.31
20 Day Moving Average 97.59
Weekly Stochastic Crossing 97.30
Weekly Trendline Resistance 96.77
Lower Bollinger Band 96.26
Weekly Trendline Support 96.09
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 96.11
Low Date 03/02/2023
High 99.80
High Date 03/17/2023
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 96.77
Support 96.09
High 101.15
High Date 02/02/2023
Low 96.11
Low Date 03/02/2023
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 93.20
Low Date 10/21/2022
High 101.15
High Date 02/02/2023
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 116.82
High Date 07/20/2021
Low 93.20
Low Date 10/21/2022
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 119.73
High Date 08/06/2020
Low 93.20
Low Date 10/21/2022
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.