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Aetna Inc. (New) |
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| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was a first positive week for the Aetna Inc. (New) (AET). During the week, the AET climbed 0.22 points, or 0.81%, and closed at 27.33 on Friday, August 27, 2010. Weekly volume was -49% below average.
Long-term trend: [See AET long-term trend chart] A long-term uptrend had started on November 21, 2008 at 14.21 and reached 35.96 on April 6, 2010. AET gained -21.75 points, or -153.06%, in 71 weeks. The chart has formed a Rising Wedge chart pattern. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See AET medium-term trend chart] A medium-term uptrend had started on March 5, 2009 at 18.66 and reached 35.96 on April 6, 2010. AET gained -17.30 points, or -92.71%, in 56 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (37.55) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. AET may retest the broken support line. It is considered to be a resistance line now. 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 support in a medium-term trend.
Weekly Technical Indicators: [See AET weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since April 16, 2010. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See AET short-term trend chart] A short-term uptrend had started on July 1, 2010 at 25.00 and reached 30.39 on August 9, 2010. AET gained -5.39 points, or -21.56%, in 39 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (29.80) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. AET may retest the broken support line. It is considered to be a resistance line now. 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 support in a short-term trend.
Daily Technical Indicators: [See AET daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 daily MACD line is below its signal line since August 12, 2010. The distance between MACD and the signal line is low and getting smaller. A Parabolic SAR (stop and reversal) indicator (27.49) comes close to the price (27.33). It indicates that the trend is getting weaker. 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.
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