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 :20 Day Moving Average has crossed below the 50 Day Moving AverageThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a second consecutive positive week for the Alliance Data Systems (ADS). During the week, the ADS climbed 0.57 points, or 0.25%, and closed at 228.16 on Friday, August 10, 2018. Weekly volume was -61% below average.

Long-term trend: [See ADS long-term trend chart]
A long-term downtrend had started on January 12, 2018 at 278.33 and reached 192.02 on May 4, 2018. ADS lost 86.31 points, or 31.01%, in 16 weeks. The price is now at the 41.87% retracement level.

Medium-term trend: [See ADS medium-term trend chart]
A medium-term uptrend had started on May 4, 2018 at 192.02 and reached 245.93 on July 9, 2018. ADS gained -53.91 points, or -28.08%, in 9 weeks. The price is now at the 32.96% retracement level.

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

The weekly MACD line is above its signal line since June 8, 2018. 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 July 9, 2018 at 245.93 and reached 216.07 on July 19, 2018. ADS lost 29.86 points, or 12.14%, in 10 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 227.33 and resistance is at 229.41. 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 short-term trend.

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

The daily MACD line is below its signal line since July 13, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

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

During the last week, the 20 Day Moving Average 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) 39.57
Williams' Percentage Range (W%R) 37.40
Lane's Stochastic (%D-Slow) 58.51
Greed/Fear Indicator (GFI) 53.56
Moving Average Converg./Diverg. (MACD) -0.54
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.28
Williams' Percentage Range (W%R) 30.30
Lane's Stochastic (%D-Slow) 60.83
Greed/Fear Indicator (GFI) 62.28
Moving Average Converg./Diverg. (MACD) -1.63
Trading Signals
Description Value Chart
Upper Bollinger Band 237.69
Weekly Stochastic Crossing 231.69
50 Day Moving Average 230.28
Weekly Trendline Resistance 229.41
Daily Stochastic Crossing 229.10
20 Day Moving Average 228.49
Price 228.16
Weekly Trendline Support 227.33
Lower Bollinger Band 221.75
Parabolic System 217.75
Sector and Industry
Description Name Rank
Sector Technology 6
Industry Information/Delivery Svcs 41
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 223.11
Low Date 08/02/2018
High 232.34
High Date 08/08/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Valid
Resistance 229.41
Support 227.33
High 245.93
High Date 07/09/2018
Low 216.07
Low Date 07/19/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 192.02
Low Date 05/04/2018
High 245.93
High Date 07/09/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 278.33
High Date 01/12/2018
Low 192.02
Low Date 05/04/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
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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