The Greedy Trader Weekly Analysis
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Quarterly Pattern:Symmetric Triangle
Number of records: 4
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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 :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range is overboughtPrice is near the Fibonacci 23.6% retracement levelThe price touches the upper Bollinger BandThe period of low volatility of the stock price
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 climbed 0.77 points, or 0.81%, and closed at 95.35 on Friday, September 07, 2018. Weekly volume was -8% below average.

Long-term trend: [See APH long-term trend chart]
A long-term uptrend had started on January 20, 2016 at 44.50 and reached 95.90 on July 27, 2018. APH gained -51.40 points, or -115.51%, in 131 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 86.84 and resistance is at 109.08. 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 long-term trend.

Medium-term trend: [See APH medium-term trend chart]
A medium-term uptrend had started on July 2, 2018 at 85.55 and reached 95.90 on July 27, 2018. APH gained -10.35 points, or -12.10%, in 3 weeks. The price is now at the 5.31% retracement level.

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

The weekly MACD line is above its signal line since July 20, 2018. This is an indication that the medium-term trend is up. 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 August 31, 2018 at 93.77 and reached 95.82 on September 7, 2018. APH gained -2.05 points, or -2.19%, in 7 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

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

The daily MACD line is below its signal line since August 13, 2018. The distance between MACD and the signal line is low and getting smaller.

The price touches the upper Bollinger Band. The distance between the Bollinger Bands is falling, and it was 2.48% on Friday. It is 63.44% lower than one year average. It indicates the period of low volatility of the stock price. 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) 63.32
Williams' Percentage Range (W%R) 13.80
Overbought
Lane's Stochastic (%D-Slow) 75.92
Greed/Fear Indicator (GFI) 75.13
Moving Average Converg./Diverg. (MACD) 0.78
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.22
Williams' Percentage Range (W%R) 3.10
Strong Overbought
Lane's Stochastic (%D-Slow) 84.49
Overbought
Greed/Fear Indicator (GFI) 79.11
Moving Average Converg./Diverg. (MACD) 1.37
Trading Signals
Description Value Chart
Yearly Trendline Resistance 109.08
Daily Stochastic Crossing 95.40
Upper Bollinger Band 95.39
Price 95.35
Weekly Stochastic Crossing 94.64
20 Day Moving Average 94.31
Parabolic System 93.66
Lower Bollinger Band 93.05
50 Day Moving Average 92.03
Yearly Trendline Support 86.84
Sector and Industry
Description Name Rank
Sector Technology 5
Industry Diversified Electronics 75
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 93.77
Low Date 08/31/2018
High 95.82
High Date 09/07/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 92.18
Low Date 07/30/2018
High 95.82
High Date 09/07/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 85.55
Low Date 07/02/2018
High 95.90
High Date 07/27/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 80.42
Low Date 04/25/2018
High 95.90
High Date 07/27/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 109.08
Support 86.84
Low 44.50
Low Date 01/20/2016
High 95.90
High Date 07/27/2018
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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