The Greedy Trader Weekly Analysis
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Monthly Pattern:Falling Channel
Number of records: 2
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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
AvalonBay Communities
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Summary:
Weekly :Broken trend support line
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtPrice has crossed above the 50 Day Moving AverageThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week for the AvalonBay Communities (AVB). During the week, the AVB gained 9.35 points, or 5.40%, and closed at 182.53 on Friday, November 09, 2018. Weekly volume was -18% below average.

Long-term trend: [See AVB long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 38.34 and reached 199.52 on June 5, 2017. AVB gained -161.18 points, or -420.40%, in 430 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (188.66) 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 long-term trend.

Medium-term trend: [See AVB medium-term trend chart]
A medium-term downtrend had started on September 21, 2018 at 185.99 and reached 170.77 on October 23, 2018. AVB lost 15.22 points, or 8.18%, in 4 weeks. The price is now at the 77.27% retracement level.

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

The weekly MACD line is below its signal line since October 12, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See AVB short-term trend chart]
A short-term uptrend had started on October 23, 2018 at 170.77 and reached 183.18 on November 9, 2018. AVB gained -12.41 points, or -7.27%, in 17 days. The price is now at the 5.24% retracement level.

Daily Technical Indicators: [See AVB daily technical indicators chart]
Daily 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 daily Lane's Stochastic or strongly overbought daily 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 daily MACD line is above its signal line since October 24, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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) 68.35
Williams' Percentage Range (W%R) 8.50
Strong Overbought
Lane's Stochastic (%D-Slow) 82.04
Overbought
Greed/Fear Indicator (GFI) 80.64
Overbought
Moving Average Converg./Diverg. (MACD) -0.28
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.81
Williams' Percentage Range (W%R) 20.80
Lane's Stochastic (%D-Slow) 36.17
Greed/Fear Indicator (GFI) 55.33
Moving Average Converg./Diverg. (MACD) 2.47
Trading Signals
Description Value Chart
Yearly Trendline Resistance 215.72
Yearly Trendline Support 188.66
Upper Bollinger Band 184.14
Price 182.53
Daily Stochastic Crossing 182.13
50 Day Moving Average 179.51
20 Day Moving Average 177.00
Weekly Stochastic Crossing 176.71
Parabolic System 175.03
Lower Bollinger Band 172.38
Sector and Industry
Description Name Rank
Sector Financial 5
Industry REIT - Residential 138
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 170.77
Low Date 10/23/2018
High 183.18
High Date 11/09/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 185.99
High Date 09/21/2018
Low 170.77
Low Date 10/23/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 152.65
Low Date 03/05/2018
High 185.99
High Date 09/21/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 199.52
High Date 06/05/2017
Low 152.65
Low Date 03/05/2018
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 215.72
Support 188.66
Low 38.34
Low Date 03/06/2009
High 199.52
High Date 06/05/2017
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.

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