The Greedy Trader Weekly Analysis
Sign In Nov 14, 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
S&P 500
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overbought
Daily :Relative Strength Index is overboughtWilliams' Percentage Range and Lane's Stochastic are strongly overboughtThe Bollinger Bands are historically far apart
Move cursor over the icon to see details.

It was a third positive week after 4 consecutive negative weeks for the S&P 500 (^GSPC). During the week, the ^GSPC climbed 13.87 points, or 0.69%, and closed at 2031.92 on Friday, November 07, 2014. Weekly volume was 15% 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 2034.26 on November 7, 2014. ^GSPC gained -1554.73 points, or -324.22%, in 1030 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (1217.14) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 2034.26 on November 7, 2014. ^GSPC gained -1367.47 points, or -205.08%, in 296 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (1745.11) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 weekly MACD line is below its signal line since August 1, 2014. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See ^GSPC short-term trend chart]
A short-term uptrend had started on October 15, 2014 at 1820.66 and reached 2034.26 on November 7, 2014. ^GSPC gained -213.60 points, or -11.73%, in 23 days. Price is near the trend high.

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

The daily MACD line is above its signal line since October 21, 2014. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term uptrend is still strong, and momentum is beginning to wane.

The distance between the Bollinger Bands (11.54%) is close to one year high (9.45%). It is 178.01% 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) 85.62
Overbought
Williams' Percentage Range (W%R) 0.90
Strong Overbought
Lane's Stochastic (%D-Slow) 95.00
Strong Overbought
Greed/Fear Indicator (GFI) 93.24
Strong Overbought
Moving Average Converg./Diverg. (MACD) 11.24
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.40
Williams' Percentage Range (W%R) 0.90
Strong Overbought
Lane's Stochastic (%D-Slow) 57.63
Greed/Fear Indicator (GFI) 70.74
Moving Average Converg./Diverg. (MACD) 27.11
Trading Signals
Description Value Chart
Upper Bollinger Band 2098.50
Monthly Trendline Resistance 2074.76
Price 2031.92
Daily Stochastic Crossing 2031.29
Parabolic System 1995.24
Monthly Trendline Support 1988.11
50 Day Moving Average 1970.70
Weekly Stochastic Crossing 1957.94
20 Day Moving Average 1955.53
Quarterly Trendline Resistance 1940.89
Lower Bollinger Band 1864.09
Yearly Trendline Resistance 1844.19
Quarterly Trendline Support 1745.11
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 1820.66
Low Date 10/15/2014
High 2034.26
High Date 11/07/2014
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 1820.66
Low Date 10/15/2014
High 2034.26
High Date 11/07/2014
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 2074.76
Support 1988.11
Low 1266.74
Low Date 06/04/2012
High 2034.26
High Date 11/07/2014
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 1940.89
Support 1745.11
Low 666.79
Low Date 03/06/2009
High 2034.26
High Date 11/07/2014
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 1844.19
Support 1217.14
Low 479.53
Low Date 02/10/1995
High 2034.26
High Date 11/07/2014
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