The Greedy Trader Weekly Analysis
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Monthly Pattern:Falling Channel
Number of records: 2
Symbol:  

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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
Bed Bath & Beyond
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Summary:
Weekly :Overbought sectorOversold industryWilliams' Percentage Range oversoldLane's Stochastic is strongly oversold
Daily :The price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the Bed Bath & Beyond (BBBY). During the week, the BBBY dropped -0.69 points, or -4.69%, and closed at 14.02 on Friday, November 09, 2018. Weekly volume was -31% below average.

BBBY is a member of Services Sector. Services is the second most overbought sector. BBBY is a member of Home Furnishing Stores Industry. Home Furnishing Stores is the sixth most oversold industry. 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 BBBY long-term trend chart]
A long-term downtrend had started on January 8, 2015 at 79.64 and reached 13.03 on October 23, 2018. BBBY lost 66.61 points, or 83.64%, in 197 weeks. Price is near the trend low.

Medium-term trend: [See BBBY medium-term trend chart]
A medium-term downtrend had started on July 9, 2018 at 21.45 and reached 13.03 on October 23, 2018. BBBY lost 8.42 points, or 39.25%, in 15 weeks. The price is now at the 11.76% retracement level.

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

The weekly MACD line is below its signal line since September 28, 2018. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See BBBY short-term trend chart]
A short-term downtrend had started on November 2, 2018 at 14.79 and reached 13.88 on November 9, 2018. BBBY lost 0.91 points, or 6.15%, in 7 days. The price is now at the 15.38% retracement level.

Daily Technical Indicators: [See BBBY daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since October 18, 2018.

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.

During the last week, the price has declined below 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.01
Williams' Percentage Range (W%R) 27.30
Lane's Stochastic (%D-Slow) 63.23
Greed/Fear Indicator (GFI) 64.32
Moving Average Converg./Diverg. (MACD) -0.47
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 30.91
Williams' Percentage Range (W%R) 84.80
Oversold
Lane's Stochastic (%D-Slow) 9.62
Strong Oversold
Greed/Fear Indicator (GFI) 21.74
Moving Average Converg./Diverg. (MACD) -1.34
Trading Signals
Description Value Chart
50 Day Moving Average 15.62
Upper Bollinger Band 15.16
Parabolic System 14.80
Daily Stochastic Crossing 14.35
Price 14.02
20 Day Moving Average 13.85
Weekly Stochastic Crossing 13.77
Lower Bollinger Band 13.29
Sector and Industry
Description Name Rank
Sector Services 8
Industry Home Furnishing Stores 6
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 14.79
High Date 11/02/2018
Low 13.88
Low Date 11/09/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 13.03
Low Date 10/23/2018
High 14.79
High Date 11/02/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 21.45
High Date 07/09/2018
Low 13.03
Low Date 10/23/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 79.64
High Date 01/08/2015
Low 13.03
Low Date 10/23/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 80.82
High Date 01/03/2014
Low 13.03
Low Date 10/23/2018
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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