The Greedy Trader Weekly Analysis
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Weekly Pattern:Rising Wedge
Number of records: 7
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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
Dr. Pepper Snapple Group Inc.
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Summary:
Weekly :Oversold sectorBroken trend resistance line
Daily :A Parabolic SAR indicator is below and near the priceThe price moved above the moving average in the center of the Bollinger BandsThe period of low volatility of the stock pricePrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was a second positive week after 3 consecutive negative weeks for the Dr. Pepper Snapple Group Inc. (DPS). During the week, the DPS climbed 0.11 points, or 0.09%, and closed at 119.47 on Friday, May 18, 2018. Weekly volume was -39% below average.

DPS is a member of Consumer Goods Sector. Consumer Goods is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See DPS long-term trend chart]
A long-term uptrend had started on February 5, 2010 at 26.38 and reached 126.65 on January 29, 2018. DPS gained -100.27 points, or -380.10%, in 416 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (96.80) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 DPS medium-term trend chart]
A medium-term downtrend had started on April 20, 2018 at 121.26 and reached 117.51 on May 8, 2018. DPS lost 3.75 points, or 3.09%, in 2 weeks. The price is now at the 52.27% retracement level.

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

The weekly MACD line is below its signal line since May 4, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See DPS short-term trend chart]
A short-term downtrend had started on May 9, 2018 at 120.30 and reached 118.66 on May 17, 2018. DPS lost 1.64 points, or 1.36%, in 8 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 118.49 and resistance is at 119.90. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a short-term trend.

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

The daily MACD line is below its signal line since April 17, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

A Parabolic SAR (stop and reversal) indicator (119.63) comes close to the price (119.47). It indicates that the trend is getting weaker. 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.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 1.37% on Friday. It is 80.68% 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.

Price is close to the 50 Day Moving Average. 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) 44.86
Williams' Percentage Range (W%R) 41.50
Lane's Stochastic (%D-Slow) 67.38
Greed/Fear Indicator (GFI) 56.92
Moving Average Converg./Diverg. (MACD) 0.18
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.73
Williams' Percentage Range (W%R) 22.60
Lane's Stochastic (%D-Slow) 72.45
Greed/Fear Indicator (GFI) 70.45
Moving Average Converg./Diverg. (MACD) 6.71
Trading Signals
Description Value Chart
Upper Bollinger Band 120.25
Weekly Stochastic Crossing 120.07
Weekly Trendline Resistance 119.90
Daily Stochastic Crossing 119.72
Parabolic System 119.63
Price 119.47
20 Day Moving Average 119.47
50 Day Moving Average 119.12
Lower Bollinger Band 118.61
Weekly Trendline Support 118.49
Yearly Trendline Resistance 104.48
Yearly Trendline Support 96.80
Sector and Industry
Description Name Rank
Sector Consumer Goods 1
Industry Beverages-Soft Drinks 26
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 118.66
Low Date 05/17/2018
High 119.59
High Date 05/18/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 119.90
Support 118.49
High 120.30
High Date 05/09/2018
Low 118.66
Low Date 05/17/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 121.26
High Date 04/20/2018
Low 117.51
Low Date 05/08/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 81.70
Low Date 10/25/2017
High 126.65
High Date 01/29/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 104.48
Support 96.80
Low 26.38
Low Date 02/05/2010
High 126.65
High Date 01/29/2018
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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