The Greedy Trader Weekly Analysis
Sign In Jul 13, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
TA Search
Yearly 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
Assurant Inc.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtMACD bearish divergenceThe price has fallen below the Parabolic SAR20 Day Moving Average has crossed below the 50 Day Moving Average
Move cursor over the icon to see details.

It was a third consecutive positive week for the Assurant Inc. (AIZ). During the week, the AIZ gained 1.23 points, or 1.19%, and closed at 104.72 on Friday, July 06, 2018. Weekly volume was 81% above average.

Long-term trend: [See AIZ long-term trend chart]
A long-term uptrend had started on November 20, 2008 at 12.52 and reached 106.99 on July 25, 2017. AIZ gained -94.47 points, or -754.55%, in 452 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 76.78 and resistance is at 116.61. 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 long-term trend.

Medium-term trend: [See AIZ medium-term trend chart]
A medium-term downtrend had started on July 25, 2017 at 106.99 and reached 84.34 on March 2, 2018. AIZ lost 22.65 points, or 21.17%, in 31 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (83.14) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. AIZ may retest the broken resistance line. It is considered to be a support 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 resistance line in a medium-term trend.

Weekly Technical Indicators: [See AIZ 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. 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 13, 2018. The distance between MACD and the signal line is near its high and getting bigger. Use the following link to access a MACD help.

Short-term trend: [See AIZ short-term trend chart]
A short-term uptrend had started on May 31, 2018 at 93.01 and reached 106.00 on July 6, 2018. AIZ gained -12.99 points, or -13.97%, in 36 days. The price is now at the 9.85% retracement level.

Daily Technical Indicators: [See AIZ 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 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 daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

The daily MACD line is above its signal line since June 18, 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.

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.

During the last week, the 20 Day Moving Average 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) 77.62
Williams' Percentage Range (W%R) 11.00
Overbought
Lane's Stochastic (%D-Slow) 80.02
Overbought
Greed/Fear Indicator (GFI) 82.22
Overbought
Moving Average Converg./Diverg. (MACD) 2.44 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.49
Williams' Percentage Range (W%R) 6.20
Strong Overbought
Lane's Stochastic (%D-Slow) 83.68
Overbought
Greed/Fear Indicator (GFI) 79.65
Moving Average Converg./Diverg. (MACD) -0.27
Trading Signals
Description Value Chart
Yearly Trendline Resistance 116.61
Upper Bollinger Band 108.28
Parabolic System 106.02
Daily Stochastic Crossing 104.83
Price 104.72
Weekly Stochastic Crossing 103.39
20 Day Moving Average 100.61
50 Day Moving Average 95.79
Lower Bollinger Band 93.86
Quarterly Trendline Resistance 92.85
Sector and Industry
Description Name Rank
Sector Financial 3
Industry Accident/Health Insurance 47
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 93.01
Low Date 05/31/2018
High 106.00
High Date 07/06/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 84.88
Low Date 05/04/2018
High 106.00
High Date 07/06/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 84.34
Low Date 03/02/2018
High 106.00
High Date 07/06/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 92.85
Support 83.14
High 106.99
High Date 07/25/2017
Low 84.34
Low Date 03/02/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 116.61
Support 76.78
Low 12.52
Low Date 11/20/2008
High 106.99
High Date 07/25/2017
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.