The Greedy Trader Weekly Analysis
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Weekly Pattern:Rising Wedge
Number of records: 6
Symbol:  

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Chart Analysis and Chart Pattern Recognition – Rising Wedge Pattern.
A rising wage pattern is a triangle formation with noticeable slant to the upside. It represents the loss of the upside momentum on each successive high and has a bearish bias. Rising wedges pattern usually marks a reversal in an uptrend. In a downtrend, the rising wedge is considered as a continuation pattern. As with other triangle formations, volume usually diminishes as price rise and then increases during the breakout.
Rising Wedge Screening page presents a list of stocks forming Rising Wedge Pattern.
Tips:
# 1
The rising wedge appears in a mature trend characterized by overbought long-term and short-term indicators. This situation usually generates divergence on long-term indicators.
# 2 For the best results, this chart pattern should be considered together with other technical analysis signals and technical trading techniques.
Rising Wedge Pattern,Rising Wedge,Rising Wedge Chart Pattern,Stock Charting, chart pattern, charts, pattern, technical analysis, signals, chart analysis, pattern recognition, screening, technical trading
CA, Inc.
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Summary:
Weekly :
Daily :The price has risen above the Parabolic SARPrice has crossed above the 50 Day Moving AverageThe 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 third consecutive positive week for the CA, Inc. (CA). During the week, the CA gained 0.56 points, or 1.72%, and closed at 33.19 on Friday, December 01, 2017. It was the best weekly gain since September 29, 2017. Weekly volume was -22% below average.

Long-term trend: [See CA long-term trend chart]
A long-term uptrend had started on October 24, 2008 at 12.00 and reached 36.54 on June 21, 2017. CA gained -24.54 points, or -204.5%, in 451 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 29.83 and resistance is at 49.87. 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 CA medium-term trend chart]
A medium-term uptrend had started on July 28, 2017 at 30.45 and reached 34.41 on October 23, 2017. CA gained -3.96 points, or -13.00%, in 12 weeks. The price is now at the 30.81% retracement level.

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

The weekly MACD line is below its signal line since October 27, 2017. Use the following link to access a MACD help.

Short-term trend: [See CA short-term trend chart]
A short-term downtrend had started on October 23, 2017 at 34.41 and reached 31.45 on October 26, 2017. CA lost 2.96 points, or 8.60%, in 3 days. The price is now at the 58.78% retracement level.

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

The daily MACD line is above its signal line since November 17, 2017. The distance between MACD and the signal line is low, but getting bigger.

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.

The price touches the upper Bollinger Band. The distance between the Bollinger Bands is falling, and it was 3.01% on Friday. It is 56.43% 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.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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) 68.32
Williams' Percentage Range (W%R) 25.20
Lane's Stochastic (%D-Slow) 73.48
Greed/Fear Indicator (GFI) 72.20
Moving Average Converg./Diverg. (MACD) -0.14
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.70
Williams' Percentage Range (W%R) 47.80
Lane's Stochastic (%D-Slow) 37.27
Greed/Fear Indicator (GFI) 46.42
Moving Average Converg./Diverg. (MACD) 0.14
Trading Signals
Description Value Chart
Upper Bollinger Band 33.22
Price 33.19
50 Day Moving Average 33.08
Daily Stochastic Crossing 33.02
20 Day Moving Average 32.55
Weekly Stochastic Crossing 32.55
Lower Bollinger Band 32.24
Parabolic System 31.65
Yearly Trendline Support 29.83
Sector and Industry
Description Name Rank
Sector Technology 5
Industry Application Software 91
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 34.41
High Date 10/23/2017
Low 31.45
Low Date 10/26/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 30.45
Low Date 07/28/2017
High 34.41
High Date 10/23/2017
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 30.01
Low Date 12/02/2016
High 36.54
High Date 06/21/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 25.16
Low Date 08/24/2015
High 36.54
High Date 06/21/2017
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 49.87
Support 29.83
Low 12.00
Low Date 10/24/2008
High 36.54
High Date 06/21/2017
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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