The Greedy Trader Weekly Analysis
Sign In Dec 8, 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
Monthly Pattern:Rising Pennant
Number of records: 4
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
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.

Archive
- 12/1/2017
Sign In to see current Signals.
Apartment Investment & Mgmt'A'
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sector
Daily :Price has crossed below the 50 Day Moving AverageThe price has declined below the moving average in the center of the Bollinger Bands
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 dropped -0.76 points, or -1.70%, and closed at 43.99 on Friday, December 01, 2017. Weekly volume was -27% below average.

AIV 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 AIV long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 4.57 and reached 47.91 on September 27, 2016. AIV gained -43.34 points, or -948.36%, in 394 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 42.52 and resistance is at 50.95. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See AIV medium-term trend chart]
A medium-term uptrend had started on September 4, 2015 at 34.71 and reached 47.91 on September 27, 2016. AIV gained -13.20 points, or -38.03%, in 55 weeks. The chart has formed a Rising Pennant chart pattern. The trend support level is at 43.53 and resistance is at 46.28. A Rising Pennant chart pattern represents a brief pause after a sharp move in a dynamic market. It is considered one of the most reliable continuation patterns.Use the following link to access a Rising Pennant chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Pennant pattern in a medium-term trend.

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

The weekly MACD line is below its signal line since September 29, 2017. 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 AIV short-term trend chart]
A short-term uptrend had started on October 26, 2017 at 43.19 and reached 45.64 on November 14, 2017. AIV gained -2.45 points, or -5.67%, in 19 days. The price is now at the 67.35% retracement 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 November 16, 2017.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

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) 36.10
Williams' Percentage Range (W%R) 60.50
Lane's Stochastic (%D-Slow) 27.94
Greed/Fear Indicator (GFI) 34.51
Moving Average Converg./Diverg. (MACD) -0.01
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.60
Williams' Percentage Range (W%R) 60.60
Lane's Stochastic (%D-Slow) 46.35
Greed/Fear Indicator (GFI) 43.51
Moving Average Converg./Diverg. (MACD) 0.15
Trading Signals
Description Value Chart
Yearly Trendline Resistance 50.95
Monthly Trendline Resistance 46.28
Upper Bollinger Band 45.35
20 Day Moving Average 44.66
Parabolic System 44.54
Weekly Stochastic Crossing 44.45
50 Day Moving Average 44.40
Daily Stochastic Crossing 44.08
Price 43.99
Lower Bollinger Band 43.56
Monthly Trendline Support 43.53
Yearly Trendline Support 42.52
Sector and Industry
Description Name Rank
Sector Financial 9
Industry REIT - Residential 34
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 43.19
Low Date 10/26/2017
High 45.64
High Date 11/14/2017
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 46.72
High Date 09/08/2017
Low 43.19
Low Date 10/26/2017
Description Value
Direction Up
Chart Pattern Rising Pennant
Status Valid
Resistance 46.28
Support 43.53
Low 34.71
Low Date 09/04/2015
High 47.91
High Date 09/27/2016
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 24.05
Low Date 11/15/2012
High 47.91
High Date 09/27/2016
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 50.95
Support 42.52
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.

Copyright© 2004-2016 All rights reserved.