The Greedy Trader Weekly Analysis
Sign In Dec 8, 2017
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
TA Search
Yearly Pattern:Rising Channel
Number of records: 15
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Channeling Stock - rising channel and falling channel.
Stock channeling technique is one of the most efficient and widely used trading technique. Price channel represents price movement bound by parallel lower (support) and upper (resistance) trend lines. Channels with rising trend lines (rising channel) are considered bullish and the falling channel is considered as bearish . Channels are continuation formations as far as support and resistance are not broken.
Trading technique:
# 1
Buy channeling stock on support and sell on resistance.
# 2 For bullish channel: sell channeling stock when price breakes the stock channeling support line. For bearish channel: buy channeling stock when price breaks the resistance line.
Tips:
# 1 For the best results, stock channeling should be considered together with other technical analysis signals and technical trading techniques.
Estimated Target: the main trend support/resistance line.
channeling stock,stock channeling,rising channel,falling channel,Price Channel
Archive
- 12/1/2017
Sign In to see current Signals.
Apple Computer
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Lane's Stochastic is overboughtStochastic has declined below the signal line
Daily :The price has fallen below the Parabolic SARThe price is close to the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the Apple Computer (AAPL). During the week, the AAPL dropped -3.92 points, or -2.24%, and closed at 171.05 on Friday, December 01, 2017. Weekly volume was 30% above average.

Long-term trend: [See AAPL long-term trend chart]
A long-term uptrend had started on May 12, 2016 at 89.47 and reached 176.24 on November 8, 2017. AAPL gained -86.77 points, or -96.98%, in 77 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 166.80 and resistance is at 174.80. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See AAPL medium-term trend chart]
A medium-term uptrend had started on September 25, 2017 at 149.16 and reached 176.24 on November 8, 2017. AAPL gained -27.08 points, or -18.16%, in 6 weeks. The price is now at the 19.17% retracement level.

Weekly Technical Indicators: [See AAPL weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with 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. 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 Lane's Stochastic help.

The weekly MACD line is above its signal line since November 3, 2017. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See AAPL short-term trend chart]
A short-term downtrend had started on November 24, 2017 at 175.50 and reached 167.16 on November 29, 2017. AAPL lost 8.34 points, or 4.75%, in 5 days. The price is now at the 46.64% retracement level.

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

The daily MACD line is below its signal line since November 14, 2017. 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 is close to the moving average in the center of the Bollinger Bands. 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) 41.91
Williams' Percentage Range (W%R) 69.30
Lane's Stochastic (%D-Slow) 55.35
Greed/Fear Indicator (GFI) 42.66
Moving Average Converg./Diverg. (MACD) 2.79
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.93
Williams' Percentage Range (W%R) 20.40
Lane's Stochastic (%D-Slow) 88.37
Overbought
Greed/Fear Indicator (GFI) 74.46
Moving Average Converg./Diverg. (MACD) 6.13
Trading Signals
Description Value Chart
Upper Bollinger Band 174.98
Yearly Trendline Resistance 174.80
Parabolic System 174.32
Weekly Stochastic Crossing 173.58
20 Day Moving Average 172.83
Daily Stochastic Crossing 171.26
Price 171.05
Yearly Trendline Support 166.80
Lower Bollinger Band 166.38
50 Day Moving Average 163.62
Sector and Industry
Description Name Rank
Sector Technology 5
Industry Personal Computers 129
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 175.50
High Date 11/24/2017
Low 167.16
Low Date 11/29/2017
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 175.50
High Date 11/24/2017
Low 167.16
Low Date 11/29/2017
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 176.24
High Date 11/08/2017
Low 167.16
Low Date 11/29/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 149.16
Low Date 09/25/2017
High 176.24
High Date 11/08/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 174.80
Support 166.80
Low 89.47
Low Date 05/12/2016
High 176.24
High Date 11/08/2017
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© 2004-2016 All rights reserved.