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Quarterly Pattern:Symmetric Triangle
Number of records: 6
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Symmetric Triangle Chart Pattern Analysis - Symmetric Triangle Pattern.
A symmetric triangle pattern represents the area of indecision where the movement direction is questioned. Chart Pattern Analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of a larger trend, but it may also mark the trend reversal. Volume diminishes during the formation and explodes at the breakout. After breakout (similar to rectangle), support may turn into potential resistance and vice versa.
Tips:
# 1 As a continuation pattern, the symmetric triangle usually appears within a young trend characterized by neutral long-term indicators and overbought/oversold short-term indicators. The symmetric triangle resets short-term indicators to neutral and then continues movement in parent's direction.
# 2 As a reversal formation, the symmetric triangle chart pattern appears in a mature trend characterized by overbought/oversold long-term and short-term indicators. This situation usually generates divergence on long-term indicators. For the best results, the symmetric triangle pattern should be considered together with other chart pattern analysis, technical analysis signals and technical trading techniques.
Estimated Target: the main trend support/resistance line.
Symmetric Triangle Pattern,Symmetric Triangle Chart Pattern,Chart Pattern Analysis,chart pattern, charts, pattern, chart analysis, pattern recognition, screener, screening, Trading Signals
Amphenol Corp.
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Summary:
Weekly :Overbought sectorBroken trend resistance lineBroken trend resistance line
Daily :Williams' Percentage Range is overboughtLane's Stochastic is strongly overboughtDaily  MACD line has moved above its signal lineThe price is above the upper Bollinger Band
Move cursor over the icon to see details.

It was a second consecutive positive week for the Amphenol Corp. (APH). During the week, the APH gained 2.54 points, or 2.87%, and closed at 90.91 on Friday, June 08, 2018. APH was trading at average weekly trading volume.

APH is a member of Technology Sector. Technology 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 APH long-term trend chart]
A long-term uptrend had started on January 20, 2016 at 44.50 and reached 93.62 on January 19, 2018. APH gained -49.12 points, or -110.38%, in 104 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (85.25) 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 APH medium-term trend chart]
A medium-term uptrend had started on April 25, 2018 at 80.42 and reached 90.98 on June 8, 2018. APH gained -10.56 points, or -13.13%, in 6 weeks. The chart has formed a Rising Pennant chart pattern. The uptrend resistance line (88.00) 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 medium-term trend.

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

The weekly MACD line is below its signal line since December 15, 2017. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See APH short-term trend chart]
A short-term uptrend had started on May 29, 2018 at 86.26 and reached 90.98 on June 8, 2018. APH gained -4.72 points, or -5.47%, in 10 days. Price is near the trend high.

Daily Technical Indicators: [See APH daily technical indicators chart]
Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. 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.

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

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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) 66.52
Williams' Percentage Range (W%R) 11.00
Overbought
Lane's Stochastic (%D-Slow) 91.73
Strong Overbought
Greed/Fear Indicator (GFI) 82.41
Overbought
Moving Average Converg./Diverg. (MACD) 0.70
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.36
Williams' Percentage Range (W%R) 23.90
Lane's Stochastic (%D-Slow) 69.62
Greed/Fear Indicator (GFI) 65.06
Moving Average Converg./Diverg. (MACD) 0.66
Trading Signals
Description Value Chart
Daily Stochastic Crossing 90.94
Price 90.91
Upper Bollinger Band 90.64
Yearly Trendline Resistance 88.89
Weekly Stochastic Crossing 88.46
20 Day Moving Average 88.44
Monthly Trendline Support 88.00
Monthly Trendline Resistance 87.57
Parabolic System 87.50
50 Day Moving Average 86.37
Lower Bollinger Band 86.04
Yearly Trendline Support 85.25
Sector and Industry
Description Name Rank
Sector Technology 9
Industry Diversified Electronics 75
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 86.34
Low Date 05/31/2018
High 90.98
High Date 06/08/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 86.26
Low Date 05/29/2018
High 90.98
High Date 06/08/2018
Description Value
Direction Up
Chart Pattern Rising Pennant
Status Broken Resistance
Resistance 87.57
Support 88.00
Low 80.42
Low Date 04/25/2018
High 90.98
High Date 06/08/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 93.62
High Date 01/19/2018
Low 80.42
Low Date 04/25/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 88.89
Support 85.25
Low 44.50
Low Date 01/20/2016
High 93.62
High Date 01/19/2018
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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