The Greedy Trader Weekly Analysis
Sign In Dec 8, 2017
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 8
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 12/1/2017
Sign In to see current Signals.
DIAMONDS Trust, Series 1
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionRelative Strength Index is overboughtWilliams' Percentage Range and Lane's Stochastic are strongly overboughtLane's Stochastic and MACD bearish divergence
Daily :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range and Lane's Stochastic are strongly overboughtDaily  MACD line has moved above its signal lineThe price is above the upper Bollinger Band
Move cursor over the icon to see details.

It was a second consecutive positive week for the DIAMONDS Trust, Series 1 (DIA). During the week, the DIA gained 7.05 points, or 2.99%, and closed at 242.52 on Friday, December 01, 2017. Weekly volume was 85% above average.

Long-term trend: [See DIA long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 64.78 and reached 243.49 on November 30, 2017. DIA gained -178.71 points, or -275.87%, in 455 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (183.38) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 long-term trend.

Medium-term trend: [See DIA medium-term trend chart]
A medium-term uptrend had started on August 24, 2015 at 150.57 and reached 243.49 on November 30, 2017. DIA gained -92.92 points, or -61.71%, in 118 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (204.69) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 DIA weekly technical indicators chart]
Weekly Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range and Lane's Stochastic. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since September 15, 2017. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See DIA short-term trend chart]
A short-term uptrend had started on April 19, 2017 at 203.64 and reached 243.49 on November 30, 2017. DIA gained -39.85 points, or -19.57%, in 225 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (229.90) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 DIA 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.

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

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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) 74.83
Williams' Percentage Range (W%R) 3.20
Strong Overbought
Lane's Stochastic (%D-Slow) 92.45
Strong Overbought
Greed/Fear Indicator (GFI) 88.02
Overbought
Moving Average Converg./Diverg. (MACD) 1.78
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 88.99
Overbought
Williams' Percentage Range (W%R) 1.20
Strong Overbought
Lane's Stochastic (%D-Slow) 94.09
Strong Overbought Bearish
Greed/Fear Indicator (GFI) 90.50
Strong Overbought
Moving Average Converg./Diverg. (MACD) 6.17 Bearish
Trading Signals
Description Value Chart
Daily Stochastic Crossing 243.03
Price 242.52
Weekly Stochastic Crossing 242.47
Upper Bollinger Band 241.53
Monthly Trendline Resistance 241.07
Parabolic System 236.67
20 Day Moving Average 236.01
Weekly Trendline Resistance 233.38
50 Day Moving Average 231.87
Lower Bollinger Band 230.99
Weekly Trendline Support 229.90
Monthly Trendline Support 224.91
Yearly Trendline Resistance 216.19
Quarterly Trendline Support 204.69
Quarterly Trendline Resistance 197.64
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Low 215.73
Low Date 08/21/2017
High 243.49
High Date 11/30/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 233.38
Support 229.90
Low 203.64
Low Date 04/19/2017
High 243.49
High Date 11/30/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 241.07
Support 224.91
Low 154.38
Low Date 01/20/2016
High 243.49
High Date 11/30/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 197.64
Support 204.69
Low 150.57
Low Date 08/24/2015
High 243.49
High Date 11/30/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 216.19
Support 183.38
Low 64.78
Low Date 03/06/2009
High 243.49
High Date 11/30/2017
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.

Copyright© 2004-2016 All rights reserved.