The Greedy Trader Weekly Analysis
Sign In Dec 15, 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
Quarterly 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
Archive
- 12/8/2017
Sign In to see current Signals.
Applied Materials
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Stochastic signal line moved below overbought areaWeekly  MACD line has moved below its signal lineBroken trend resistance line
Daily :The Bollinger Bands are historically far apart
Move cursor over the icon to see details.

It was the negative week for the Applied Materials (AMAT). During the week, the AMAT gave back -0.48 points, or -0.92%, and closed at 51.43 on Friday, December 08, 2017. Weekly volume was 93% above average.

Long-term trend: [See AMAT long-term trend chart]
A long-term uptrend had started on November 21, 2008 at 7.80 and reached 60.88 on November 17, 2017. AMAT gained -53.08 points, or -680.51%, in 469 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (16.50) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 long-term trend.

Medium-term trend: [See AMAT medium-term trend chart]
A medium-term uptrend had started on August 24, 2015 at 14.25 and reached 60.88 on November 17, 2017. AMAT gained -46.63 points, or -327.23%, in 116 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 48.30 and resistance is at 53.89. 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 medium-term trend.

Weekly Technical Indicators: [See AMAT weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 link to access Lane's Stochastic help.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.

Short-term trend: [See AMAT short-term trend chart]
A short-term uptrend had started on December 5, 2017 at 48.25 and reached 53.79 on December 8, 2017. AMAT gained -5.54 points, or -11.48%, in 3 days. The price is now at the 42.60% retracement level.

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

The daily MACD line is below its signal line since October 25, 2017.

The distance between the Bollinger Bands (22.79%) is close to one year high (19.25%). It is 119.48% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. 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) 34.17
Williams' Percentage Range (W%R) 62.40
Lane's Stochastic (%D-Slow) 25.44
Greed/Fear Indicator (GFI) 32.40
Moving Average Converg./Diverg. (MACD) -0.46
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.76
Williams' Percentage Range (W%R) 41.60
Lane's Stochastic (%D-Slow) 66.69
Greed/Fear Indicator (GFI) 59.93
Moving Average Converg./Diverg. (MACD) 3.69
Trading Signals
Description Value Chart
Upper Bollinger Band 59.72
Weekly Stochastic Crossing 55.86
20 Day Moving Average 54.92
50 Day Moving Average 54.78
Parabolic System 54.40
Quarterly Trendline Resistance 53.89
Price 51.43
Daily Stochastic Crossing 50.94
Quarterly Trendline Support 48.30
Lower Bollinger Band 48.02
Sector and Industry
Description Name Rank
Sector Technology 6
Industry Semiconductor Equip/Matrl 70
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 48.25
Low Date 12/05/2017
High 53.79
High Date 12/08/2017
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 60.88
High Date 11/17/2017
Low 48.25
Low Date 12/05/2017
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 41.94
Low Date 08/10/2017
High 60.88
High Date 11/17/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 53.89
Support 48.30
Low 14.25
Low Date 08/24/2015
High 60.88
High Date 11/17/2017
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 32.18
Support 16.50
Low 7.80
Low Date 11/21/2008
High 60.88
High Date 11/17/2017
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.