The Greedy Trader Weekly Analysis
Sign In Dec 19, 2014
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 12/12/2014
Sign In to see current Signals.
S&P 500
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overboughtLane's Stochastic is strongly overboughtStochastic has declined below the signal lineLane's Stochastic and MACD bearish divergenceBroken trend resistance lineBroken trend resistance line
Daily :The price has fallen below the Parabolic SARThe price is below the lower Bollinger BandPrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was the first negative week after 7 consecutive positive weeks for the S&P 500 (^GSPC). During the week, the ^GSPC dropped -73.04 points, or -3.52%, and closed at 2002.33 on Friday, December 12, 2014. Weekly volume was 21% above average.

Long-term trend: [See ^GSPC long-term trend chart]
A long-term uptrend had started on February 10, 1995 at 479.53 and reached 2079.47 on December 5, 2014. ^GSPC gained -1599.94 points, or -333.65%, in 1034 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (1220.46) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 ^GSPC medium-term trend chart]
A medium-term uptrend had started on March 6, 2009 at 666.79 and reached 2079.47 on December 5, 2014. ^GSPC gained -1412.68 points, or -211.86%, in 300 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (1763.50) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 ^GSPC weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range or strongly overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD 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 and Williams' Percentage Range help.

The weekly MACD line is above its signal line since November 7, 2014. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See ^GSPC short-term trend chart]
A short-term downtrend had started on December 5, 2014 at 2079.47 and reached 2002.33 on December 12, 2014. ^GSPC lost 77.14 points, or 3.71%, in 7 days. Price is near the trend low.

Daily Technical Indicators: [See ^GSPC daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since November 28, 2014. This is an indication that the short-term trend is down.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.

The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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.

Price is close to the 50 Day Moving Average. 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) 29.83
Williams' Percentage Range (W%R) 63.70
Lane's Stochastic (%D-Slow) 23.20
Greed/Fear Indicator (GFI) 29.79
Moving Average Converg./Diverg. (MACD) 15.56
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.38
Williams' Percentage Range (W%R) 19.00
Overbought
Lane's Stochastic (%D-Slow) 94.89
Strong Overbought Bearish
Greed/Fear Indicator (GFI) 75.10
Moving Average Converg./Diverg. (MACD) 31.22 Bearish
Trading Signals
Description Value Chart
Monthly Trendline Resistance 2098.11
Upper Bollinger Band 2079.86
Parabolic System 2072.57
Weekly Stochastic Crossing 2066.47
20 Day Moving Average 2055.01
Daily Stochastic Crossing 2017.77
Monthly Trendline Support 2014.90
Lower Bollinger Band 2007.03
Price 2002.33
50 Day Moving Average 2000.75
Quarterly Trendline Resistance 1975.48
Yearly Trendline Resistance 1882.54
Quarterly Trendline Support 1763.50
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 2079.47
High Date 12/05/2014
Low 2002.33
Low Date 12/12/2014
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 1820.66
Low Date 10/15/2014
High 2079.47
High Date 12/05/2014
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 2098.11
Support 2014.90
Low 1266.74
Low Date 06/04/2012
High 2079.47
High Date 12/05/2014
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 1975.48
Support 1763.50
Low 666.79
Low Date 03/06/2009
High 2079.47
High Date 12/05/2014
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 1882.54
Support 1220.46
Low 479.53
Low Date 02/10/1995
High 2079.47
High Date 12/05/2014
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© 2004-2013 All rights reserved. Delta Software Technologies, Inc.
The Financial Ad Trader