The Greedy Trader Weekly Analysis
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Weekly 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
Church & Dwight
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Summary:
Weekly :Williams' Percentage Range is overbought
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtDaily  MACD line has moved above its signal linePrice has crossed above the 50 Day Moving AverageBroken trend resistance line
Move cursor over the icon to see details.

It was a second consecutive positive week for the Church & Dwight (CHD). During the week, the CHD gained 1.22 points, or 2.51%, and closed at 49.78 on Friday, February 16, 2018. Weekly volume was 18% above average.

Long-term trend: [See CHD long-term trend chart]
A long-term downtrend had started on May 19, 2016 at 107.36 and reached 42.56 on December 1, 2016. CHD lost 64.80 points, or 60.36%, in 28 weeks. The price is now at the 11.14% retracement level.

Medium-term trend: [See CHD medium-term trend chart]
A medium-term uptrend had started on November 6, 2017 at 43.21 and reached 50.76 on January 8, 2018. CHD gained -7.55 points, or -17.47%, in 9 weeks. The price is now at the 12.98% retracement level.

Weekly Technical Indicators: [See CHD weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 December 8, 2017. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See CHD short-term trend chart]
A short-term downtrend had started on January 8, 2018 at 50.76 and reached 46.13 on February 2, 2018. CHD lost 4.63 points, or 9.12%, in 25 days. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (43.76) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CHD may retest the broken resistance line. It is considered to be a support line now. 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 short-term trend.

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

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

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) 55.75
Williams' Percentage Range (W%R) 13.60
Overbought
Lane's Stochastic (%D-Slow) 87.21
Overbought
Greed/Fear Indicator (GFI) 76.47
Moving Average Converg./Diverg. (MACD) -0.17
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.36
Williams' Percentage Range (W%R) 15.80
Overbought
Lane's Stochastic (%D-Slow) 63.45
Greed/Fear Indicator (GFI) 69.50
Moving Average Converg./Diverg. (MACD) -0.51
Trading Signals
Description Value Chart
Upper Bollinger Band 50.67
Price 49.78
Daily Stochastic Crossing 49.70
50 Day Moving Average 49.08
Weekly Stochastic Crossing 48.86
20 Day Moving Average 48.67
Weekly Trendline Resistance 48.52
Parabolic System 47.72
Lower Bollinger Band 46.87
Weekly Trendline Support 43.76
Sector and Industry
Description Name Rank
Sector Consumer Goods 4
Industry Cleaning Products 46
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 46.13
Low Date 02/02/2018
High 50.00
High Date 02/16/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 48.52
Support 43.76
High 50.76
High Date 01/08/2018
Low 46.13
Low Date 02/02/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 43.21
Low Date 11/06/2017
High 50.76
High Date 01/08/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 54.18
High Date 06/20/2017
Low 43.21
Low Date 11/06/2017
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 107.36
High Date 05/19/2016
Low 42.56
Low Date 12/01/2016
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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