The Greedy Trader Weekly Analysis
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Monthly Pattern:Rising Pennant
Number of records: 3
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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 :Overbought industryWilliams' Percentage Range is overboughtLane's Stochastic and MACD bearish divergence
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtLane's Stochastic and MACD bearish divergenceThe price touches the upper Bollinger Band
Move cursor over the icon to see details.

It was a fifth consecutive positive week for the Apartment Investment & Mgmt'A' (AIV). During the week, the AIV gained 1.07 points, or 2.33%, and closed at 47.09 on Friday, November 30, 2018. Weekly volume was 51% above average.

AIV is a member of REIT - Residential Industry. REIT - Residential is the seventh most overbought industry. 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 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 91.75% retracement level.

Medium-term trend: [See AIV medium-term trend chart]
A medium-term uptrend had started on October 12, 2018 at 41.73 and reached 47.17 on November 30, 2018. AIV gained -5.44 points, or -13.04%, in 7 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 43.80 and resistance is at 49.02. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See AIV weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and 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 2, 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 November 15, 2018 at 44.35 and reached 47.17 on November 30, 2018. AIV gained -2.82 points, or -6.36%, in 15 days. Price is near the trend high.

Daily Technical Indicators: [See AIV daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence.

The daily MACD line is above its signal line since October 26, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

The price touches the upper Bollinger Band. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.77
Williams' Percentage Range (W%R) 17.60
Overbought
Lane's Stochastic (%D-Slow) 80.43
Overbought Bearish
Greed/Fear Indicator (GFI) 75.88
Moving Average Converg./Diverg. (MACD) 0.65 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.91
Williams' Percentage Range (W%R) 13.20
Overbought
Lane's Stochastic (%D-Slow) 78.26
Bearish
Greed/Fear Indicator (GFI) 73.92
Moving Average Converg./Diverg. (MACD) 0.63 Bearish
Trading Signals
Description Value Chart
Weekly Trendline Resistance 49.02
Upper Bollinger Band 47.16
Price 47.09
Daily Stochastic Crossing 46.91
Weekly Stochastic Crossing 46.45
20 Day Moving Average 45.60
Parabolic System 45.14
50 Day Moving Average 44.20
Lower Bollinger Band 43.86
Weekly Trendline Support 43.80
Sector and Industry
Description Name Rank
Sector Financial 6
Industry REIT - Residential 157
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 44.35
Low Date 11/15/2018
High 47.17
High Date 11/30/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 49.02
Support 43.80
Low 41.73
Low Date 10/12/2018
High 47.17
High Date 11/30/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 37.97
Low Date 02/21/2018
High 47.17
High Date 11/30/2018
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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