The Greedy Trader Weekly Analysis
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Yearly Pattern:Falling Pennant
Number of records: 3
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Chart Analysis and Chart Pattern Recognition – Bear Flag, Bull Flag, Bearish Pennant and Bullish Pennant.

Bear flag, bull flag, bearish pennant and bullish pennant chart patterns represent brief pauses after sharp moves in a dynamic market. They are considered as most reliable continuation patterns. Flags are characterized as short-term channels slanting against the main trend. Pennants represent short-term triangle formations. Volume is heavy during the sharp move preceding the formation.
Trading technique:
# 1 Flags and pennants present an additional opportunity to enter the dynamic market.
Tips:
# 1
Usually flags and pennants represent short-term pauses technically required to reset overbought/oversold technical indicators and allow further movement. They likely to appear at earlier stages of the larger patterns, when short-term technical indicators are grossly overbought/oversold, but long-term indicators are in the middle range. In a situation when both long and short-term indicators are overbought (oversold), flags and pennants have more chances to become the beginning of a larger formation. Flags and pennants are considered invalid as soon as they break the parent's formation trend line.
# 2 As a continuation pattern, rectangle usually appears within a young trend characterized by neutral long-term indicators and overbought/oversold short-term indicators. Rectangle resets daily CTI to neutral and then continues the movement in parent's direction.
# 3 For the best results, chart patterns should be considered together with other technical analysis signals and technical trading techniques.
Estimated Target: projected support/resistance level of larger trend.

Delphi Automotive
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Summary:
Weekly :Broken trend resistance lineWilliams' Percentage Range and Lane's Stochastic are oversold
Daily :The period of low volatility of the stock price
Move cursor over the icon to see details.

It was the negative week for the Delphi Automotive (DLPH). During the week, the DLPH gave back -0.06 points, or -0.13%, and closed at 44.82 on Friday, August 03, 2018. Weekly volume was -47% below average.

Long-term trend: [See DLPH long-term trend chart]
A long-term downtrend had started on November 30, 2017 at 104.99 and reached 42.57 on July 25, 2018. DLPH lost 62.42 points, or 59.45%, in 33 weeks. Price is near the trend low.

Medium-term trend: [See DLPH medium-term trend chart]
A medium-term downtrend had started on June 11, 2018 at 53.78 and reached 42.57 on July 25, 2018. DLPH lost 11.21 points, or 20.84%, in 6 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (42.37) is broken. A broken support is considered to be a long-term bullish signal. 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 DLPH weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and 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 above its signal line since April 6, 2018. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See DLPH short-term trend chart]
A short-term uptrend had started on July 25, 2018 at 42.57 and reached 45.72 on July 31, 2018. DLPH gained -3.15 points, or -7.40%, in 6 days. The price is now at the 28.57% retracement level.

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

The daily MACD line is above its signal line since July 16, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

The distance between the Bollinger Bands is falling, and it was 5.53% on Friday. It is 74.43% 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.91
Williams' Percentage Range (W%R) 64.20
Lane's Stochastic (%D-Slow) 59.96
Greed/Fear Indicator (GFI) 50.90
Moving Average Converg./Diverg. (MACD) -0.84
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.82
Williams' Percentage Range (W%R) 87.60
Oversold
Lane's Stochastic (%D-Slow) 14.40
Oversold
Greed/Fear Indicator (GFI) 23.63
Moving Average Converg./Diverg. (MACD) -5.33
Trading Signals
Description Value Chart
50 Day Moving Average 47.50
Upper Bollinger Band 46.26
Parabolic System 45.64
Price 44.82
20 Day Moving Average 44.57
Daily Stochastic Crossing 44.40
Weekly Stochastic Crossing 44.38
Monthly Trendline Resistance 43.83
Lower Bollinger Band 43.79
Monthly Trendline Support 42.37
Sector and Industry
Description Name Rank
Sector Consumer Goods 5
Industry Auto Parts 44
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 43.71
Low Date 08/01/2018
High 44.95
High Date 08/03/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 42.57
Low Date 07/25/2018
High 45.72
High Date 07/31/2018
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 43.83
Support 42.37
High 53.78
High Date 06/11/2018
Low 42.57
Low Date 07/25/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 104.99
High Date 11/30/2017
Low 42.57
Low Date 07/25/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 90.57
High Date 06/22/2015
Low 42.57
Low Date 07/25/2018
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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