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Yearly Pattern:Rising Channel
Number of records: 15
Symbol:  

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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
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Assurant Inc.
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Summary:
Weekly :Overbought sectorTrend resistance at 98.53
Daily :Broken trend support lineDaily  MACD line has moved below its signal lineThe price is close to the moving average in the center of the Bollinger BandsPrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Assurant Inc. (AIZ). During the week, the AIZ gave back -0.64 points, or -0.64%, and closed at 99.13 on Friday, December 08, 2017. Weekly volume was 29% above average.

AIZ 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 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 Rising Channel chart pattern. The price is near the trend resistance line (98.53). 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 long-term trend.

Medium-term trend: [See AIZ medium-term trend chart]
A medium-term uptrend had started on June 5, 2012 at 32.41 and reached 106.99 on July 25, 2017. AIZ gained -74.58 points, or -230.11%, in 268 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 81.76 and resistance is at 113.30. 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 AIZ weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since November 24, 2017. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 September 8, 2017 at 86.00 and reached 102.85 on November 1, 2017. AIZ gained -16.85 points, or -19.59%, in 54 days. The chart has formed a Descending Triangle chart pattern. The uptrend support line (100.03) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a short-term trend.

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

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

The price is close to 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.

Price is close to the 50 Day Moving Average. 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) 52.69
Williams' Percentage Range (W%R) 63.40
Lane's Stochastic (%D-Slow) 24.64
Greed/Fear Indicator (GFI) 37.99
Moving Average Converg./Diverg. (MACD) 0.22
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.54
Williams' Percentage Range (W%R) 38.10
Lane's Stochastic (%D-Slow) 65.78
Greed/Fear Indicator (GFI) 61.84
Moving Average Converg./Diverg. (MACD) 0.05
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 113.30
Weekly Trendline Resistance 102.40
Parabolic System 102.00
Monthly Trendline Resistance 101.31
Upper Bollinger Band 101.06
Weekly Stochastic Crossing 100.13
Weekly Trendline Support 100.03
Monthly Trendline Support 100.03
Price 99.13
20 Day Moving Average 98.90
Yearly Trendline Resistance 98.53
50 Day Moving Average 98.46
Daily Stochastic Crossing 98.41
Lower Bollinger Band 96.95
Yearly Trendline Support 90.61
Quarterly Trendline Support 81.76
Sector and Industry
Description Name Rank
Sector Financial 9
Industry Accident/Health Insurance 106
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 96.96
Low Date 11/17/2017
High 102.50
High Date 11/30/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Descending Triangle
Status Broken Support
Resistance 102.40
Support 100.03
Low 86.00
Low Date 09/08/2017
High 102.85
High Date 11/01/2017
Description Value
Direction Down
Chart Pattern Rising Pennant
Status Broken Support
Resistance 101.31
Support 100.03
High 106.99
High Date 07/25/2017
Low 86.00
Low Date 09/08/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 113.30
Support 81.76
Low 32.41
Low Date 06/05/2012
High 106.99
High Date 07/25/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 98.53
Support 90.61
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.

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