The Greedy Trader Weekly Analysis
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Quarterly Pattern:Rising Channel
Number of records: 15
Symbol:  

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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
Alliance Data Systems
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Summary:
Weekly :
Daily :Price has crossed below the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Alliance Data Systems (ADS). During the week, the ADS dropped -9.24 points, or -3.70%, and closed at 240.67 on Friday, February 09, 2018. Weekly volume was 57% above average.

Long-term trend: [See ADS long-term trend chart]
A long-term downtrend had started on April 23, 2015 at 312.00 and reached 176.63 on February 9, 2016. ADS lost 135.37 points, or 43.39%, in 41 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 216.79 and resistance is at 247.79. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.

Medium-term trend: [See ADS medium-term trend chart]
A medium-term uptrend had started on February 9, 2016 at 176.63 and reached 278.33 on January 12, 2018. ADS gained -101.70 points, or -57.58%, in 100 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 217.81 and resistance is at 294.75. 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 medium-term trend.

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

The weekly MACD line is above its signal line since November 24, 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 ADS short-term trend chart]
A short-term downtrend had started on January 12, 2018 at 278.33 and reached 232.69 on February 9, 2018. ADS lost 45.64 points, or 16.40%, in 28 days. The price is now at the 17.48% retracement level.

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

The daily MACD line is below its signal line since January 16, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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) 32.44
Williams' Percentage Range (W%R) 77.90
Lane's Stochastic (%D-Slow) 26.55
Greed/Fear Indicator (GFI) 27.02
Moving Average Converg./Diverg. (MACD) -0.52
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.88
Williams' Percentage Range (W%R) 51.30
Lane's Stochastic (%D-Slow) 65.15
Greed/Fear Indicator (GFI) 56.01
Moving Average Converg./Diverg. (MACD) 3.45
Trading Signals
Description Value Chart
Upper Bollinger Band 269.23
Weekly Stochastic Crossing 257.68
20 Day Moving Average 254.52
Parabolic System 251.60
50 Day Moving Average 250.27
Yearly Trendline Resistance 247.79
Daily Stochastic Crossing 241.71
Price 240.67
Lower Bollinger Band 233.07
Monthly Trendline Support 227.00
Quarterly Trendline Support 217.81
Yearly Trendline Support 216.79
Sector and Industry
Description Name Rank
Sector Technology 7
Industry Information/Delivery Svcs 46
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 259.94
High Date 01/31/2018
Low 232.69
Low Date 02/09/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 278.33
High Date 01/12/2018
Low 232.69
Low Date 02/09/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 289.83
Support 227.00
Low 209.00
Low Date 09/20/2017
High 278.33
High Date 01/12/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 294.75
Support 217.81
Low 176.63
Low Date 02/09/2016
High 278.33
High Date 01/12/2018
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Valid
Resistance 247.79
Support 216.79
High 312.00
High Date 04/23/2015
Low 176.63
Low Date 02/09/2016
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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