The Greedy Trader Weekly Analysis
Sign In Dec 15, 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
Quarterly Pattern:Rising Channel
Number of records: 15
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• 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
- 12/8/2017
Sign In to see current Signals.
AFLAC Corporation
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtMACD bearish divergenceTrend resistance at 88.07
Daily :Relative Strength Index and Williams' Percentage Range are overboughtStochastic signal line moved below overbought areaA Parabolic SAR indicator is below and near the price
Move cursor over the icon to see details.

It was a fourth consecutive positive week for the AFLAC Corporation (AFL). During the week, the AFL climbed 0.56 points, or 0.64%, and closed at 88.16 on Friday, December 08, 2017. Weekly volume was -14% below average.

AFL is a member of Financial Sector. Financial is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See AFL long-term trend chart]
A long-term uptrend had started on March 9, 2009 at 10.83 and reached 88.74 on December 4, 2017. AFL gained -77.91 points, or -719.39%, in 456 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (66.77) 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 AFL medium-term trend chart]
A medium-term uptrend had started on August 24, 2015 at 51.41 and reached 88.74 on December 4, 2017. AFL gained -37.33 points, or -72.61%, in 119 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (88.07). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See AFL weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 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 AFL short-term trend chart]
A short-term uptrend had started on November 10, 2017 at 83.00 and reached 88.74 on December 4, 2017. AFL gained -5.74 points, or -6.92%, in 24 days. The price is now at the 10.10% retracement level.

Daily Technical Indicators: [See AFL daily technical indicators chart]
Daily Relative Strength Index and Williams' Percentage Range are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Use the following link to access Relative Strength Index help.

The daily MACD line is above its signal line since November 20, 2017. This is an indication that the short-term trend is up.

A Parabolic SAR (stop and reversal) indicator (88.61) comes close to the price (88.16). 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 88.41
Overbought
Williams' Percentage Range (W%R) 11.80
Overbought
Lane's Stochastic (%D-Slow) 79.47
Greed/Fear Indicator (GFI) 85.35
Overbought
Moving Average Converg./Diverg. (MACD) 0.90
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.30
Williams' Percentage Range (W%R) 5.60
Strong Overbought
Lane's Stochastic (%D-Slow) 80.10
Overbought
Greed/Fear Indicator (GFI) 79.03
Moving Average Converg./Diverg. (MACD) 2.43 Bearish
Trading Signals
Description Value Chart
Monthly Trendline Resistance 89.74
Upper Bollinger Band 89.54
Parabolic System 88.61
Price 88.16
Quarterly Trendline Resistance 88.07
Daily Stochastic Crossing 87.97
Weekly Stochastic Crossing 87.70
20 Day Moving Average 85.92
50 Day Moving Average 84.52
Monthly Trendline Support 84.05
Lower Bollinger Band 83.06
Yearly Trendline Resistance 78.88
Quarterly Trendline Support 75.44
Sector and Industry
Description Name Rank
Sector Financial 9
Industry Accident/Health Insurance 106
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 83.00
Low Date 11/10/2017
High 88.74
High Date 12/04/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 81.10
Low Date 09/29/2017
High 88.74
High Date 12/04/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 89.74
Support 84.05
Low 66.50
Low Date 02/02/2017
High 88.74
High Date 12/04/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 88.07
Support 75.44
Low 51.41
Low Date 08/24/2015
High 88.74
High Date 12/04/2017
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 78.88
Support 66.77
Low 10.83
Low Date 03/09/2009
High 88.74
High Date 12/04/2017
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.