The Greedy Trader Weekly Analysis
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Quarterly Pattern:Ascending Triangle
Number of records: 1
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Chart Analysis and Chart Pattern Recognition – Ascending Triangle Pattern
The ascending triangle pattern is a variation of symmetrical triangle formation that has a flat resistance line and a rising support line. The higher lows indicate the increasing demand and give the ascending triangle definitive bullish bias. The ascending triangle usually represents an accumulation stage in bullish market. The ascending triangle is considered as a continuation pattern, especially in an uptrend, but it may also mark a reversal in a downtrend. Volume usually increases on a breakout move. After breakout (similar to rectangle), resistance may turn into potential support and vice versa.
Ascending Triangle Screening page presents a list of stocks forming an Ascending Triangle Pattern.
Tips:
# 1As a continuation pattern, an ascending triangle usually appears within a young trend, characterized by neutral long-term indicators and overbought short-term indicators. An ascending triangle resets short-term indicators to neutral and then continues the movement in parent's direction.
# 2 As a reversal formation, an ascending triangle appears in a mature downtrend, characterized by oversold short-term and long-term indicators. This situation usually generates bullish divergence on long-term indicators.
# 3 For the best results, chart patterns should be considered together with other technical analysis signals and technical trading techniques.
Estimated Target: the main trend support/resistance line.
Ascending Triangle Pattern,Ascending Triangle,Ascending Triangle Chart Pattern,Trend Support, chart pattern, chart, pattern, technical analysis, signals, chart analysis, pattern recognition, screening, technical trading
Ball Corp.
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Summary:
Weekly :Williams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overbought
Move cursor over the icon to see details.

It was a second consecutive positive week for the Ball Corp. (BLL). During the week, the BLL gained 1.32 points, or 2.79%, and closed at 48.68 on Friday, November 09, 2018. BLL was trading at average weekly trading volume.

Long-term trend: [See BLL long-term trend chart]
A long-term uptrend had started on October 26, 2018 at 42.68 and reached 49.18 on November 8, 2018. BLL gained -6.50 points, or -15.23%, in 1 weeks. The price is now at the 7.69% retracement level.

Medium-term trend: [See BLL medium-term trend chart]
A medium-term uptrend had started on June 28, 2018 at 34.71 and reached 49.18 on November 8, 2018. BLL gained -14.47 points, or -41.69%, in 19 weeks. Price is near the trend high.

Weekly Technical Indicators: [See BLL weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since July 6, 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 BLL short-term trend chart]
A short-term uptrend had started on October 26, 2018 at 42.68 and reached 49.18 on November 8, 2018. BLL gained -6.50 points, or -15.23%, in 13 days. The price is now at the 7.69% retracement level.

Daily Technical Indicators: [See BLL daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since October 31, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.26
Williams' Percentage Range (W%R) 8.90
Strong Overbought
Lane's Stochastic (%D-Slow) 90.76
Strong Overbought
Greed/Fear Indicator (GFI) 84.37
Overbought
Moving Average Converg./Diverg. (MACD) 0.74
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.87
Williams' Percentage Range (W%R) 4.00
Strong Overbought
Lane's Stochastic (%D-Slow) 75.89
Greed/Fear Indicator (GFI) 79.06
Moving Average Converg./Diverg. (MACD) 1.04
Trading Signals
Description Value Chart
Upper Bollinger Band 49.86
Daily Stochastic Crossing 48.85
Price 48.68
Weekly Stochastic Crossing 47.66
20 Day Moving Average 45.99
Parabolic System 44.94
50 Day Moving Average 44.79
Lower Bollinger Band 42.78
Sector and Industry
Description Name Rank
Sector Consumer Goods 6
Industry Packaging & Containers 113
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 42.68
Low Date 10/26/2018
High 49.18
High Date 11/08/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 42.68
Low Date 10/26/2018
High 49.18
High Date 11/08/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 42.68
Low Date 10/26/2018
High 49.18
High Date 11/08/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 42.68
Low Date 10/26/2018
High 49.18
High Date 11/08/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 34.71
Low Date 06/28/2018
High 49.18
High Date 11/08/2018
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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