The Greedy Trader Weekly Analysis
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Weekly Pattern:Falling Wedge
Number of records: 3
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Chart Analysis and Chart Pattern Recognition – Falling Wedge Pattern.
A falling wedge pattern is a triangle formation with noticeable slant to the downside. It represents the loss of the downside momentum on each successive low and has a bullish bias. The falling wedges pattern usually marks a reversal in a downtrend. In an uptrend, the falling wedge pattern is considered as a continuation pattern. As with other triangle formations, volume usually diminishes as price rise and then increases during the breakout.
Falling Wedge Screening page presents a list of stocks forming Falling Wedge Pattern.
Tips:
# 1
To confirm the loss of the downside momentum at the reversal point, see bullish divergence on technical indicators.
# 2 For the best results, chart patterns should be considered together with other technical analysis signals and technical trading techniques.
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eBay Inc. (EBAY)

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Summary:
Weekly :Overbought sectorWeekly  MACD line has moved above its signal linePrice is near the Fibonacci 23.6% retracement level
Daily :
Move cursor over the icon to see details.

It was a second consecutive positive week for the eBay Inc. (EBAY). During the week, the EBAY gained 1.94 points, or 5.36%, and closed at 38.14 on Friday, February 14, 2020. Weekly volume was -8% below average.

EBAY is a member of Technology Sector. Technology is the most overbought 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 EBAY long-term trend chart]
A long-term uptrend had started on December 26, 2018 at 26.01 and reached 42.00 on July 18, 2019. EBAY gained -15.99 points, or -61.48%, in 29 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Medium-term trend: [See EBAY medium-term trend chart]
A medium-term uptrend had started on January 31, 2020 at 33.53 and reached 39.25 on February 4, 2020. EBAY gained -5.72 points, or -17.06%, in 0 weeks. The price is now at the 19.41% retracement level.

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

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.

Short-term trend: [See EBAY short-term trend chart]
A short-term uptrend had started on February 10, 2020 at 35.49 and reached 38.22 on February 14, 2020. EBAY gained -2.73 points, or -7.69%, in 4 days. Price is near the trend high.

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

The daily MACD line is above its signal line since February 3, 2020. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.90
Williams' Percentage Range (W%R) 29.40
Lane's Stochastic (%D-Slow) 59.59
Greed/Fear Indicator (GFI) 63.37
Moving Average Converg./Diverg. (MACD) 0.25
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.78
Williams' Percentage Range (W%R) 43.40
Lane's Stochastic (%D-Slow) 50.06
Greed/Fear Indicator (GFI) 54.34
Moving Average Converg./Diverg. (MACD) -0.59
Trading Signals
Description Value Chart
Upper Bollinger Band 38.65
Price 38.14
Daily Stochastic Crossing 37.75
Weekly Stochastic Crossing 36.57
20 Day Moving Average 36.07
50 Day Moving Average 35.75
Parabolic System 34.83
Lower Bollinger Band 33.98
Sector and Industry
Description Name Rank
Sector Technology 9
Industry Internet Software & Svcs 101
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 35.49
Low Date 02/10/2020
High 38.22
High Date 02/14/2020
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 35.49
Low Date 02/10/2020
High 38.22
High Date 02/14/2020
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 33.53
Low Date 01/31/2020
High 39.25
High Date 02/04/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 42.00
High Date 07/18/2019
Low 33.53
Low Date 01/31/2020
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 26.01
Low Date 12/26/2018
High 42.00
High Date 07/18/2019
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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