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Price vs. 20 Day Moving Average:Crossover
Number of records: 15
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Moving Average Crossover - stock market timing alerts.
The moving average is one of the oldest analytical tools for stock market alerts. It shows the average value of the stock price over a period of time and is used to emphasize the direction of a trend. While price is below the moving average, it is considered as bearish behaviour in relation to the trend length being viewed. When price falls from the level above the moving average to the level below the moving average, it warns that the price trend being viewed may be weakening, and it presents stock market timing alerts. The moving average is a lagging indicator of the price trend. Moving average and stock price crossover is a stock trading signal. The basic interpretation is to buy when the stock price moves above its moving average and to sell when the price moves below its moving average. The length of the moving average should match the trend time frame. We use 20 day moving average crossover to identify weekly trend and 50 day moving average crossover for monthly trend stock market alerts.
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Archive
- 11/30/2018
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AmerisourceBergen Corp.
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Summary:
Weekly :
Daily :Williams' Percentage Range is overboughtPrice is close to the 50 Day Moving AverageDaily  MACD line has moved above its signal line
Move cursor over the icon to see details.

It was a first positive week for the AmerisourceBergen Corp. (ABC). During the week, the ABC gained 1.24 points, or 1.41%, and closed at 88.90 on Friday, November 30, 2018. Weekly volume was -24% below average.

Long-term trend: [See ABC long-term trend chart]
A long-term uptrend had started on October 28, 2016 at 68.38 and reached 106.27 on January 29, 2018. ABC gained -37.89 points, or -55.41%, in 65 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 75.64 and resistance is at 118.55. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See ABC medium-term trend chart]
A medium-term uptrend had started on August 2, 2018 at 77.28 and reached 94.85 on October 19, 2018. ABC gained -17.57 points, or -22.74%, in 11 weeks. The price is now at the 33.86% retracement level.

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

The weekly MACD line is above its signal line since August 24, 2018. 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 ABC short-term trend chart]
A short-term downtrend had started on October 19, 2018 at 94.85 and reached 80.28 on November 6, 2018. ABC lost 14.57 points, or 15.36%, in 18 days. The price is now at the 59.16% retracement level.

Daily Technical Indicators: [See ABC 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.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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) 50.12
Williams' Percentage Range (W%R) 15.50
Overbought
Lane's Stochastic (%D-Slow) 64.45
Greed/Fear Indicator (GFI) 66.35
Moving Average Converg./Diverg. (MACD) 0.08
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.82
Williams' Percentage Range (W%R) 23.70
Lane's Stochastic (%D-Slow) 53.62
Greed/Fear Indicator (GFI) 60.07
Moving Average Converg./Diverg. (MACD) 0.15
Trading Signals
Description Value Chart
Upper Bollinger Band 92.45
Daily Stochastic Crossing 89.99
50 Day Moving Average 89.54
20 Day Moving Average 88.92
Price 88.90
Weekly Stochastic Crossing 88.75
Lower Bollinger Band 85.92
Parabolic System 84.51
Quarterly Trendline Support 75.64
Sector and Industry
Description Name Rank
Sector Services 7
Industry Drugs Wholesale 117
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 94.85
High Date 10/19/2018
Low 80.28
Low Date 11/06/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 77.28
Low Date 08/02/2018
High 94.85
High Date 10/19/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 106.27
High Date 01/29/2018
Low 77.28
Low Date 08/02/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 118.55
Support 75.64
Low 68.38
Low Date 10/28/2016
High 106.27
High Date 01/29/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 13.33
Low Date 11/21/2008
High 120.68
High Date 04/30/2015
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.

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