The Greedy Trader Weekly Analysis
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Archive
- 5/10/2019
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AutoNation, Inc.
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Summary:
Weekly :Broken trend support lineBroken trend resistance line
Daily :Daily  MACD line has moved below its signal line
Move cursor over the icon to see details.

It was the negative week for the AutoNation, Inc. (AN). During the week, the AN dropped -1.89 points, or -4.53%, and closed at 39.80 on Friday, May 10, 2019. It was the worst weekly loss since March 1, 2019. Weekly volume was -8% below average.

Long-term trend: [See AN long-term trend chart]
A long-term downtrend had started on January 26, 2018 at 62.02 and reached 32.83 on March 15, 2019. AN lost 29.19 points, or 47.07%, in 59 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (31.03) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a long-term trend.

Medium-term trend: [See AN medium-term trend chart]
A medium-term uptrend had started on March 15, 2019 at 32.83 and reached 43.36 on April 26, 2019. AN gained -10.53 points, or -32.07%, in 6 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (40.51) 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 medium-term trend.

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

The weekly MACD line is above its signal line since January 11, 2019. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See AN short-term trend chart]
A short-term downtrend had started on April 26, 2019 at 43.36 and reached 39.29 on May 10, 2019. AN lost 4.07 points, or 9.39%, in 14 days. The price is now at the 12.53% retracement level.

Daily Technical Indicators: [See AN 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.68
Williams' Percentage Range (W%R) 48.00
Lane's Stochastic (%D-Slow) 38.14
Greed/Fear Indicator (GFI) 51.26
Moving Average Converg./Diverg. (MACD) 1.29
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.07
Williams' Percentage Range (W%R) 31.40
Lane's Stochastic (%D-Slow) 72.30
Greed/Fear Indicator (GFI) 64.55
Moving Average Converg./Diverg. (MACD) -1.38
Trading Signals
Description Value Chart
Upper Bollinger Band 43.17
Parabolic System 42.36
Monthly Trendline Resistance 41.67
Weekly Stochastic Crossing 40.99
Monthly Trendline Support 40.51
Daily Stochastic Crossing 40.18
Price 39.80
20 Day Moving Average 39.76
50 Day Moving Average 36.79
Lower Bollinger Band 36.08
Sector and Industry
Description Name Rank
Sector Services 7
Industry Auto Dealerships 135
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 42.04
High Date 05/06/2019
Low 39.29
Low Date 05/10/2019
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 43.36
High Date 04/26/2019
Low 39.29
Low Date 05/10/2019
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 41.67
Support 40.51
Low 32.83
Low Date 03/15/2019
High 43.36
High Date 04/26/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 30.26
Support 31.03
High 62.02
High Date 01/26/2018
Low 32.83
Low Date 03/15/2019
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 67.50
High Date 04/22/2015
Low 32.83
Low Date 03/15/2019
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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