The Greedy Trader Weekly Analysis
Sign In Mar 22, 2024
Skip Navigation Links
TA Search
Weekly %D-Slow Divergence:Bullish
Number of records: 1
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Lane's Stochastic (%D-Slow)

The Lane's Stochastic indicator developed by George Lane is one of the most useful and widely used momentum oscillators in technical analysis. Lane's Stochastic oscillator uses four indicators to combine relative strength with moving average methods. %K is an un-smoothed RSI. %D is a moving average of %K (fast stochastic). %D-Slow is a longer term moving average of %K, and finally %D-Slow (slow stochastic) Moving Avg. is another moving average. Like other overbought oversold oscillators, they are normalized within a scale of 0 to 100. Buy/sell signals are generated by %D stochastic crossover with its moving average above 80%, for overvalued, or below 20%, for undervalued stocks. The divergence between price and indicator is the most important buy/sell stocks trading signal. Lane's Stochastic bullish divergence/bearish divergence should be considered together with other stock market trading alerts, trading indicator and technical trading techniques.

Advanced TA Search

Archive
- 3/15/2024 -
Sign In to see current Signals.

Air Products & Chemicals (APD) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend support lineBroken trend resistance line
Daily :Stochastic signal line moved below overbought areaThe price has fallen below the Parabolic SARPrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was a fifth consecutive positive week for the Air Products & Chemicals (APD). During the week, the APD gained 3.02 points, or 1.25%, and closed at 244.63 on Friday, March 15, 2024. Weekly volume was 26% above average.

APD is a member of Materials Sector. Materials 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 APD long-term trend chart]
A long-term downtrend had started on December 13, 2022 at 328.56 and reached 212.24 on February 6, 2024. APD lost 116.32 points, or 35.40%, in 60 weeks. The chart has formed a Rising Wedge chart pattern. The downtrend support line (306.24) is broken. Usually a broken support is considered to be a long-term bearish 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 support in a long-term trend.

Medium-term trend: [See APD medium-term trend chart]
A medium-term downtrend had started on September 15, 2023 at 307.71 and reached 212.24 on February 6, 2024. APD lost 95.47 points, or 31.03%, in 20 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (194.89) 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 medium-term trend.

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

The weekly MACD line is below its signal line since September 22, 2023. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See APD short-term trend chart]
A short-term uptrend had started on February 6, 2024 at 212.24 and reached 249.34 on March 11, 2024. APD gained -37.10 points, or -17.48%, in 34 days. The price is now at the 12.70% retracement level.

Daily Technical Indicators: [See APD daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily 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.

The daily MACD line is above its signal line since February 16, 2024. This is an indication that the short-term trend is up.

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.

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) 72.56
Williams' Percentage Range (W%R) 24.80
Lane's Stochastic (%D-Slow) 76.73
Greed/Fear Indicator (GFI) 74.82
Moving Average Converg./Diverg. (MACD) -0.28
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.85
Williams' Percentage Range (W%R) 62.80
Lane's Stochastic (%D-Slow) 35.56
Greed/Fear Indicator (GFI) 38.34
Moving Average Converg./Diverg. (MACD) -10.39
Trading Signals
Description Value Chart
Upper Bollinger Band 254.30
Parabolic System 249.59
Daily Stochastic Crossing 246.98
50 Day Moving Average 244.86
Price 244.63
20 Day Moving Average 237.43
Weekly Stochastic Crossing 234.40
Lower Bollinger Band 226.46
Monthly Trendline Resistance 226.29
Sector and Industry
Description Name Rank
Sector Materials 10
Industry Industrial Gases 51
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 249.34
High Date 03/11/2024
Low 243.01
Low Date 03/15/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 212.24
Low Date 02/06/2024
High 249.34
High Date 03/11/2024
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 226.29
Support 194.89
High 307.71
High Date 09/15/2023
Low 212.24
Low Date 02/06/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Rising Wedge
Status Broken Support
Resistance 319.74
Support 306.24
High 328.56
High Date 12/13/2022
Low 212.24
Low Date 02/06/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 23.00
Low Date 03/08/2000
High 328.56
High Date 12/13/2022
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.