The Greedy Trader Weekly Analysis
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Monthly Pattern:Rising Pennant
Number of records: 4
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Chart Analysis and Chart Pattern Recognition – Bear Flag, Bull Flag, Bearish Pennant and Bullish Pennant.

Bear flag, bull flag, bearish pennant and bullish pennant chart patterns represent brief pauses after sharp moves in a dynamic market. They are considered as most reliable continuation patterns. Flags are characterized as short-term channels slanting against the main trend. Pennants represent short-term triangle formations. Volume is heavy during the sharp move preceding the formation.
Trading technique:
# 1 Flags and pennants present an additional opportunity to enter the dynamic market.
Tips:
# 1
Usually flags and pennants represent short-term pauses technically required to reset overbought/oversold technical indicators and allow further movement. They likely to appear at earlier stages of the larger patterns, when short-term technical indicators are grossly overbought/oversold, but long-term indicators are in the middle range. In a situation when both long and short-term indicators are overbought (oversold), flags and pennants have more chances to become the beginning of a larger formation. Flags and pennants are considered invalid as soon as they break the parent's formation trend line.
# 2 As a continuation pattern, rectangle usually appears within a young trend characterized by neutral long-term indicators and overbought/oversold short-term indicators. Rectangle resets daily CTI to neutral and then continues the movement in parent's direction.
# 3 For the best results, chart patterns should be considered together with other technical analysis signals and technical trading techniques.
Estimated Target: projected support/resistance level of larger trend.

Apartment Investment & Mgmt'A'
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Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are overboughtTrend resistance at 44.03
Daily :The price has fallen below the Parabolic SARPrice is near the Fibonacci 23.6% retracement level
Move cursor over the icon to see details.

It was the negative week for the Apartment Investment & Mgmt'A' (AIV). During the week, the AIV gave back -0.07 points, or -0.16%, and closed at 43.73 on Friday, September 07, 2018. Weekly volume was 18% above average.

Long-term trend: [See AIV long-term trend chart]
A long-term downtrend had started on September 27, 2016 at 47.91 and reached 37.97 on February 21, 2018. AIV lost 9.94 points, or 20.75%, in 73 weeks. The price is now at the 57.95% retracement level.

Medium-term trend: [See AIV medium-term trend chart]
A medium-term uptrend had started on February 21, 2018 at 37.97 and reached 44.45 on August 29, 2018. AIV gained -6.48 points, or -17.07%, in 27 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (44.03). 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 AIV weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. 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 April 6, 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 AIV short-term trend chart]
A short-term uptrend had started on August 3, 2018 at 41.28 and reached 44.45 on August 29, 2018. AIV gained -3.17 points, or -7.68%, in 26 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

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

The daily MACD line is below its signal line since August 29, 2018. The distance between MACD and the signal line is low, but getting bigger.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.62
Williams' Percentage Range (W%R) 42.30
Lane's Stochastic (%D-Slow) 39.52
Greed/Fear Indicator (GFI) 47.94
Moving Average Converg./Diverg. (MACD) 0.33
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.27
Williams' Percentage Range (W%R) 13.50
Overbought
Lane's Stochastic (%D-Slow) 82.12
Overbought
Greed/Fear Indicator (GFI) 75.77
Moving Average Converg./Diverg. (MACD) 0.24
Trading Signals
Description Value Chart
Parabolic System 44.35
Upper Bollinger Band 44.29
Monthly Trendline Resistance 44.03
Weekly Stochastic Crossing 43.85
Price 43.73
Daily Stochastic Crossing 43.69
20 Day Moving Average 43.64
50 Day Moving Average 42.91
Lower Bollinger Band 42.84
Monthly Trendline Support 39.73
Sector and Industry
Description Name Rank
Sector Financial 6
Industry REIT - Residential 148
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 41.28
Low Date 08/03/2018
High 44.45
High Date 08/29/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 38.54
Low Date 05/17/2018
High 44.45
High Date 08/29/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Resistance
Resistance 44.03
Support 39.73
Low 37.97
Low Date 02/21/2018
High 44.45
High Date 08/29/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 47.91
High Date 09/27/2016
Low 37.97
Low Date 02/21/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 4.57
Low Date 03/06/2009
High 47.91
High Date 09/27/2016
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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