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Monthly Pattern:Falling Channel
Number of records: 8
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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 lineWilliams' Percentage Range and Lane's Stochastic are overboughtStochastic has declined below the signal lineLane's Stochastic bearish divergenceBroken trend resistance line
Daily :Stochastic has declined below the signal lineA Parabolic SAR indicator is above and near the priceTrend resistance at 177.11
Move cursor over the icon to see details.

It was the negative week for the AvalonBay Communities (AVB). During the week, the AVB dropped -2.88 points, or -1.60%, and closed at 177.20 on Friday, August 10, 2018. It was the worst weekly loss since May 18, 2018. Weekly volume was -24% 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 (184.71) 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 uptrend had started on March 5, 2018 at 152.65 and reached 182.04 on August 6, 2018. AVB gained -29.39 points, or -19.25%, in 22 weeks. The chart has formed a Descending Triangle chart pattern. The uptrend resistance line (163.04) 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 AVB weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since April 6, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively 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 AVB short-term trend chart]
A short-term uptrend had started on May 21, 2018 at 156.93 and reached 182.04 on August 6, 2018. AVB gained -25.11 points, or -16.00%, in 77 days. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (177.11). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.

Daily Technical Indicators: [See AVB daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal.

The daily MACD line is above its signal line since July 30, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

A Parabolic SAR (stop and reversal) indicator (176.75) comes close to the price (177.20). It indicates that the trend is getting weaker. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.03
Williams' Percentage Range (W%R) 24.10
Lane's Stochastic (%D-Slow) 73.15
Greed/Fear Indicator (GFI) 73.71
Moving Average Converg./Diverg. (MACD) 1.98
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.49
Williams' Percentage Range (W%R) 12.30
Overbought
Lane's Stochastic (%D-Slow) 85.04
Overbought Bearish
Greed/Fear Indicator (GFI) 78.65
Moving Average Converg./Diverg. (MACD) -0.66
Trading Signals
Description Value Chart
Yearly Trendline Support 184.71
Upper Bollinger Band 182.71
Weekly Stochastic Crossing 179.34
Daily Stochastic Crossing 179.30
Price 177.20
Weekly Trendline Resistance 177.11
Parabolic System 176.75
20 Day Moving Average 174.81
Weekly Trendline Support 172.90
50 Day Moving Average 171.90
Monthly Trendline Resistance 168.53
Lower Bollinger Band 168.50
Monthly Trendline Support 163.04
Sector and Industry
Description Name Rank
Sector Financial 5
Industry REIT - Residential 139
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 168.95
Low Date 07/24/2018
High 182.04
High Date 08/06/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 177.11
Support 172.90
Low 156.93
Low Date 05/21/2018
High 182.04
High Date 08/06/2018
Description Value
Direction Up
Chart Pattern Descending Triangle
Status Broken Resistance
Resistance 168.53
Support 163.04
Low 152.65
Low Date 03/05/2018
High 182.04
High Date 08/06/2018
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 213.15
Support 184.71
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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